Best of #econtwitter - Week of May 23, 2021
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.
Paper summary threads
Arpit Gupta@arpitrage
Cicada broods worsen long-term child test score and attendance outcomes through insecticide contamination in ground water.
Variation from periodic cicadas by Charles Taylor.
semanticscholar.org/paper/Working-…
2:19 PM · May 21, 2021
8 Reposts · 41 Likes
Erika McEntarfer@ErikaMcentarfer
New paper using LEHD linked to productivity data is out. Key findings: (1) high-productivity firms grow faster by drawing workers away from other firms, (2) this reallocation collapses in recessions, yielding a sullying effect. A thread:
nber.org
5:34 PM · May 17, 2021
37 Reposts · 120 Likes
Simon E. Fisher@ProfSimonFisher
“We show that published papers in top journals that fail to replicate are cited more than those that replicate. This difference doesn't change after publication of failure to replicate. 12% of postreplication citations acknowledge the replication failure.”
advances.sciencemag.org/content/7/21/e…
9:15 AM · May 22, 2021
150 Reposts · 431 Likes
Dmitry Taubinsky@DTaubinsky
This took an enormous amount of work (for real), and I am super excited to see this out in the NBER and forthcoming in REStud!!
Very surprised by some of the results: borrowers quickly learn from past experience, which eliminates over-optimism (but not present focus).
NBER @nberpubs
New empirical evidence on two theories of why payday loan borrowers might need consumer protection: present focus and overoptimism, from @huntallcott, Joshua J. Kim, @dtaubinsky, and Jonathan Zinman https://t.co/Vpa3EPf2gC https://t.co/pz8fc9TZ22
7:11 PM · May 19, 2021
31 Reposts · 166 Likes
Doug Parry@dougaparry
Now out in @NatureHumBehav A systematic review and meta-analysis of discrepancies between logged and self-reported digital media use
nature.com/articles/s4156…
We show that media use self-reports are only moderately correlated with log measures & question their validity
3:44 PM · May 17, 2021
206 Reposts · 603 Likes
^affects a lot of econ papers!
Chris Edmond@chrisedmond
Important fact about market concentration from Amiti and Heise. For US manufacturing, concentration has not risen *once you take imports into account*. Previous studies that found large rises, eg Autor et al QJE 2020, report concentration for *domestic* producers
h/t @M_C_Klein
1:29 AM · May 18, 2021
8 Reposts · 24 Likes
Zachary Liscow@ZLiscow
We ask a demographically representative set of Americans whether gains in the value of publicly-traded stocks should be taxed: (1) each year, even if not sold, or (2) only upon sale. We find that participants overwhelmingly (75% to 25%) prefer taxing only at sale. 5/N
1:03 PM · May 18, 2021
Wenxin Du@WenxinDu
Jesse @JSchreger and I wrote a new review article for the forthcoming Handbook in International Economics on CIP deviations and their implications for global capital markets. Look forward to your comments! Updated dataset and Bloomberg tickers available sites.google.com/view/jschreger…
NBER @nberpubs
A review of why covered interest rate parity fails post-global financial crisis and what this means for global capital markets, from @wenxindu and Jesse Schreger https://t.co/kk6nFExUk8 https://t.co/y4tGmpX9NM
3:22 PM · May 18, 2021
56 Reposts · 164 Likes
^thread of figures
scott cunningham@causalinf
My substack entry FYI is about this paper from the other day just in case that wasn’t clear. Great paper. Let me tell you briefly why I think you’ll like it too. causalinf.substack.com/p/deja-vu-and-…
Kirill Borusyak @borusyak
🥁 I’m thrilled to announce our paper w/@XJaravel and @jannspiess, “Revisiting Event Studies: Robust and Efficient Estimation” 🥁
It’s a fully revised version of our 2017 draft that the diff-in-diff loving audience may have seen
https://t.co/4kDNxTdkCc https://t.co/aOVS8wWC2J
9:43 PM · May 20, 2021
10 Reposts · 60 Likes
Jon M Jachimowicz@jonj
SUPER important RCT in Rohingya refugee camps showing that gainful employment confers psychosocial benefits over and above an equally well-paid direct cash transfer
(couldn't find authors on twitter, if you know where they are pls tag them below)
hbs.edu/ris/Publicatio…
4:23 PM · May 18, 2021
105 Reposts · 344 Likes
Vincent (Economic History) Geloso@VincentGeloso
Econ Thread: My paper on the strange experiment of playing card money in 17th-18th centuries Canada (image below) with Bryan Cutsinger and Mathieu Bédard was accepted in the European Review of Economic History #econhist #econtwitter
12:49 PM · May 18, 2021
22 Reposts · 66 Likes
Charles Fain Lehman@CharlesFLehman
😬
Richard Hanania @RichardHanania
Was skeptical of the lead hypothesis. If true, we'd have seen all other kinds of dysfunction, ie, lower test scores, more serious illness in that generation. It was basically just crime that went up. Publication bias and bad methodology (endogeneity) https://t.co/60QqSJL09d https://t.co/ZZQ3ZMHRNF
2:02 PM · May 21, 2021
3 Reposts · 21 Likes
^“A new meta-analysis finds the lead-crime hypothesis to be overstated due to publication bias”
More: US public debt; coal plant location choice; trade and environment; tariffs and Chinese structural change; mothers’ part-time vs full-time choice; coal mine safety; post-Katrina school reform; trade shocks effect on Chinese high school enrollment; ethnographic atlas
Public goods
Andrea Garnero@AGarnero
🚨 New OECD/AIAS ICTWSS database with info for 56 countries over 60 years on:
👉trade unions & employers’ associations
👉collective bargaining coverage & organisation
👉minimum wages setting mechanisms
👉wage co-ordination
👉social pacts
👉works councils
oecd.org/employment/ict…
oecd.org
OECD/AIAS ICTWSS database - OECD
1:01 PM · May 17, 2021
83 Reposts · 209 Likes
Moriah Taylor (she/her)@moriah_taylor58
Having trouble picking a color palette for your #Rstats visualization? Well here's a MEGA thread about all the ways you can choose a palette! 🧵[1/22]
5:27 PM · May 20, 2021
836 Reposts · 3.6K Likes
Interesting discussions
David A Siegel@DaveASiegel
I've seen lots of advice for grad students, but little to none for new mentors of graduate students, despite the fact that no one is ever trained to mentor. So, with a big nod to @WilHMoo, here are some ways I approach mentoring that I hope someone might find helpful. 🧵(1/7)
12:20 AM · May 18, 2021
171 Reposts · 813 Likes
Ben Golub@ben_golub
At your economics department, a paper (that faculty agree is good) published in Science would "count" for tenure purposes...
4:14 PM · May 17, 2021
6 Reposts · 17 Likes
(((David Shor)))@davidshor
Great thread on how advocates are on course to successfully cripple large swathes of social science research by getting rid of access to anonymized census microdata in order to prevent a hypothetical reconstruction of non-sensitive data that has never been successfully done
Steven Ruggles @HistDem
/1. Yesterday at the ACS Data Users Conference, the Census Bureau described its plans to replace the American Community Survey (ACS) microdata with “fully synthetic” data over the next three years. https://t.co/8btLxiA3iM
3:17 PM · May 22, 2021
164 Reposts · 675 Likes
Natalie Bau@BauNatalie
Following CA's proposal to do away with tracking/streaming in its new math framework, I wanted to talk a bit about the weight of the evidence on tracking and who it benefits. The popular conception that tracking hurts the disadvantaged and helps the advantaged is _not_ true.
6:46 PM · May 19, 2021
53 Reposts · 181 Likes
^see also: Jesse Rothstein thread on SATs
Chenzi Xu@chenzix
Seeking advice on RA management #EconTwitter: what systems/tools/tips/experiences do you have on how to stay organized/on top of communications, distribute tasks, *review output!* & keep everyone motivated?
will consolidate responses into a thread! DM if you prefer :)
4:45 PM · May 20, 2021
19 Reposts · 101 Likes
Prerna Kundu@prerna394
#econtwitter I start a PhD in econ this fall and am looking for book recommendations! What are some books you wish you read BEFORE starting your PhD? (I've mainly read fiction for the past 4-5 years so I'm really out of touch with non-fiction book recs)
8:24 AM · May 22, 2021
24 Reposts · 325 Likes