Best of #econtwitter - Week of March 13, 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 one is here.
Paper summary threads
What do you discover if you analyse estimated historical living standards and ALL the literature on “love” (from @Wikipedia)?
Economic development begets desire for romance!!
As people move to towns, mix & mingle more freely, fiction valorises romance!
nature.com/articles/s4156…
🧵about paper with @kairong_xiao + @TingXuFinance. We explore public firms' regulatory avoidance: manipulating public float. TLDR: firms bunch around regulatory thresholds➡️reveal major💲of being public.Though meaningful, costs cannot explain ⬇️ listed firms 1/
Using willingness-to-pay (WTP) as an outcome variable in your study? Try also eliciting WTP for a "benchmark good" -- one unrelated to your outcome or independent variables of interest. Include it as a control in your regressions. Can improve power a lot! among other benefits.
Excited that my job market paper, and first publication, has found a home on the Journal of Labor Economics Just Accepted page!
journals.uchicago.edu/doi/10.1086/71…
"The Minimum Wage, Self-Employment, and the Online Gig Economy"
#EconTwitter @SOLE_Labor_Econ #minimumwage #Uber
1/n
How Many Americans Work Remotely?
@johnjhorton, Christos Makridis, @AlexMasPton, @ModeledBehavior, @danielrock, @ocolluphid & I find that gov't stats underestimate remote work.
The actual share is ~50% working remote at least 1x/week.
#EconTwitter #WFH
digitaleconomy.stanford.edu/publications/h…
^related paper thread, on the donut; see also, graph
In an era of big data, linking between datasets is critical. Unfortunately datasets often lack common identifiers. With @tahamonster, @zubinjelveh, @melissa_mcneill, @shiyan_cj, @benconomics, I've got a new paper that shows that a little ground truth can go a long way.👇
An argument that pecuniary externalities are morally significant and so we are morally obligated to, e.g., buy less wheat.
Would be interested to hear people's reactions!
@akbarpour_ @skominers
Tom Adamczewski @tmkadamcz
🎉1st announcement of the week! & on #InternationalWomensDay!
@a_velasquezg & I's paper is accepted at @J_HumanResource!
We show immigration enforcement reduces employment of college-educated moms w young kids bc of higher cost of household help
chloeneast.com/uploads/8/9/9/…
🧵👇
For #InternationalWomensDay a new study showing that when mothers work during preschool years it has no impact on children's education outcomes (age 15).
- effect of less time is entirely compensated by
+ effect of more money
journals.uchicago.edu/doi/10.1086/71…
iza.org/publications/d…
Did expanding the Child Tax Credit in 2021 make fewer people work?
Nope!
"Our analyses suggest that the expanded CTC did not have negative short-term employment effects that offset its documented reductions in poverty and hardship."
nber.org/papers/w29823
Women who lost siblings in childhood are much more likely to lose children of their own.
➡️ Over the generations, a small share of lineages accumulates a large share of child deaths.
Public goods
The World Bank has released a brand new Gender Data Portal: genderdata.worldbank.org
They’ve revamped the entire site and I found a lot of cool new features / changes. Five highlights 🧵
Interesting discussions
We will be announcing some exciting new features of JPE-Micro soon. But, here is a glimpse: time to change the incentives around replications.
We will take them!
The knowledge creation market in economics can do better. We hope to help.
Last year I had the chance to serve on the @ERC_Research Starting Grant evaluation panel. I wanted to quickly share a couple of things I learned. Maybe they are helpful to future applicants. I guess some points apply to other grants as well.
Jean Drèze's piece in @Ideas4India is essential reading for anyone in the evidence-scaling-policy space. A summary:
Road Scholarz @roadscholarz
^overselling is not a problem just for RCTs, but for any piece of research; but interesting discussion
Yes, the world is extremely unequal: the 10% of people with the highest incomes in Madagaskar have a lower income on average than the poorest 10% in the UK.
Where you are born has a huge impact on your economic opportunities.
(Adjusted for prices, i.e. for purchasing power).
Dina D. Pomeranz @DinaPomeranz