Best of #econtwitter - Week of March 27, 2022 [1/2]
Welcome readers old and new to this week’s edition of Best of Econtwitter. Thanks to those sharing suggestions, over email or on Twitter @just_economics.
This is part one of two. Part two is here.
Paper summary threads
Paul J. Ferraro@pauljferraro
In applications of behavioral science to policy, magnitudes matter. Unfortunately, magnitudes are often exaggerated in academic research. ⬇️: Estimated effect on productivity from framing incentives as losses rather than gains is large in lab & just above zero in the field. [1/8]
3:27 PM · Mar 21, 2022
58 Reposts · 218 Likes
Avner Strulov-Shlain@AvnerShlain
🚨New WP🚨
Inertia is one of the best documented tendencies of consumers. People are passive.
But - are people aware of their future inertia?
[Somewhat]
And what does that awareness mean for companies?
[Exploitation backfires]
#EconTwitter
(w\ Navdeep Sahni and @klausmiller)
6:05 PM · Mar 27, 2022
30 Reposts · 110 Likes
John B. Holbein@JohnHolbein1
Can you guess what happens when you spend more $$$ on elementary schools?
...
Students are less likely to be arrested in adulthood as direct result.
Setting aside other benefits, society receives more than $1 in benefits for every $1 in government $$$.
nber.org/papers/w29855
11:27 AM · Mar 21, 2022
105 Reposts · 254 Likes
Jason Abaluck@Jabaluck
This paper from @instrumenthull, @aislinnbohren and @alexoimas (BHI) very helpfully clarifies how to define discrimination, which is essential to interpret “taste” vs. “statistical” discrimination and other currently popular distinctions in econ.
Peter Hull @instrumenthull
Very excited about this new working paper with @aislinnbohren & @alexoimas, "Systemic Discrimination: Theory and Measurement"
https://t.co/k26KcPkaKd
We develop theoretical & empirical tools to model & measure the systemic drivers of discrimination in many settings
Summary 🧵: https://t.co/wcTKYEkmUD
8:04 PM · Mar 20, 2022
49 Reposts · 198 Likes
Guilherme Lichand@glichand
This is one the papers I am most excited about!
Child labor statistics come from surveys with parents... who have no incentive to disclose that their children work! Using data from certification of cocoa production in Côte d'Ivoire, partly based on remote sensing, we find: 1/5
Research Square Preprints @RS_Preprints
Measuring Child Labor: Whom Should Be Asked,
and Why It Matters #preprints https://t.co/DFSRnNLW5E
7:55 PM · Mar 21, 2022
41 Reposts · 157 Likes
Alexander Berger@albrgr
The Clean Air Act has been an epochal success of the US regulatory state, often through channels that were not originally anticipated, though some components have worked less well: pubs.aeaweb.org/doi/pdfplus/10…
11:26 PM · Mar 26, 2022
2 Reposts · 36 Likes
More: pretrial juvenile detention; race and commute times; multiple equilibria in macro; CTC; emigration and populism
Public goods
Dr Arthur Turrell@arthurturrell
Coding for Economists now has guidance on writing papers, drawing on advice of many others inc @Claudia_Sahm, @marcfbellemare, @ckhead, @rskudesia, @MikeKaspari, & @DaveEvansPhD. Feedback welcome!
aeturrell.github.io/coding-for-eco…
#econtwitter #datascience #academicchatter @just_economics
6:59 PM · Mar 21, 2022
90 Reposts · 307 Likes
Interesting discussions
Alex Albright@AllbriteAllday
Hey #econtwitter, I sat down and reflected on the job market.
I wanted to make something that was informative for future cohorts, so I put together this write-up ft: resources that helped me, data on my own experience, and advice/tips/intel.
thelittledataset.com/2022/03/21/job…
🧵 1/n
4:45 PM · Mar 22, 2022
171 Reposts · 682 Likes
^every tweet in the thread could be in the newsletter
Alex Albright@AllbriteAllday
On applying:
Here are some AEA summary stats on apps & conversion to later stages (from an AEA webinar).
Applications will take a while. Give yourself time and space it out... says a person who did not do that. (Here's also a histogram of my job app submissions.)
8/n
5:00 PM · Mar 22, 2022
1 Repost · 5 Likes
Alex Albright@AllbriteAllday
Navigating offers:
- Tell places if you're facing an exploding offer!
- Decision-making is hyper personal. 💚 Do your best to give yourself + your fam time to sit on it.
- Fab negotiation video: youtube.com/watch?v=km2Hd_…
When do people take jobs? See the graph for AEA data.
13/n
5:11 PM · Mar 22, 2022
5 Likes
Alex Albright@AllbriteAllday
As a final goodbye to this process, I’ll leave you with a visual representation of my job market months.
One of many graphs I would day dream about creating while I was submitting dozens of applications. 💚
n/n
Alex Albright @AllbriteAllday
Why yes I did collect lots of info on my job search so I could eventually make pretty graphs. 🙃
Here is a visual representation of my job market.
(#econtwitter x #rtistry content)
Each job is a horizontal bar & a color change shows progression to the next step over time. https://t.co/ZKa55MgUeY
5:20 PM · Mar 22, 2022
13 Likes
Alessandro@polisisti
@ryancbriggs holy cow, I had no idea GiveDirectly was stopped from *giving money to poor people* by an IRB for a year!!!
Paul Niehaus @PaulFNiehaus
@davidmanheim @bechhof @slatestarcodex oof. takes me back. we had initial GD RCT delayed by a year because IRB said giving people money could hurt them
7:44 PM · Mar 23, 2022
6 Reposts · 22 Likes
Todd Jones 🦊@toddrjones
My paper’s been rejected seven times in a row. At what point do you just give up (on the paper)?
9:26 PM · Mar 23, 2022
20 Reposts · 411 Likes
Nick HK@nickchk
In regression, there are several things that students are eternally concerned about but are actually Just Fine:
1. Your coefficients don't need to be significant
2. Your R^2 doesn't need to be huge
3. Your predictors can be correlated
4. Your variables don't need to be normal
8:02 PM · Mar 22, 2022
377 Reposts · 2.63K Likes