Best of #econtwitter - Week of May 24, 2020

Welcome to this week’s edition of the Best of Econtwitter. Recommendations always welcome over email or on Twitter @just_economics.

New papers

Jason Lindo @jasonmlindo

🥷🥷🥷💥💥📺📺📺⚔️⚔️🎮🎮🤖🤖 Persistent Effects of Violent Media Content by me + @IsaacDSwensen + @GlenWaddell Interested in crime, violence, or media? Or the weird reason this may be my favorite paper I've written? Or a surprising (to me) econometric result? Read on. 1/n

Anna Stansbury @annastansbury

In our paper, @LHSummers and I argue that the *decline in worker power* is behind many of the major trends that have shaped the American economy in recent decades [1/N] (WP out w/ @nberpubs and presented at @BrookingsEcon Spring 2020 BPEA. Ungated link scholar.harvard.edu/stansbury/rese…)

NBER @nberpubs

The decline of worker power in the US can explain the fall in the labor share, rises in corporate profitability and market valuations, and the fall in unemployment without accelerating inflation, from @annastansbury and @LHSummers https://t.co/TbBs9vNY9A https://t.co/lzp5zRgoke

Corinne Low @femonomics

Out today in NBER working papers, my paper "Collateralized Marriage" w/ Jeanne Lafortune. We put forth a model where wealth creates a stronger and more advantageous marriage contract by providing, essentially, divorce insurance to the lower earning partner

nber.orgCollateralized Marriage

Danae Hernandez Cortes @danaehernandezc

Do environmental markets create environmental injustice? Our new NBER working paper explores this question in the case of California’s carbon market (AB 32). Link: nber.org/papers/w27205 A thread 1/9

NBER @nberpubs

California's carbon market has led to an environmental justice improvement, from Danae Hernandez-Cortes and Kyle C. Meng https://t.co/z2Fel0J2ia https://t.co/QS51nNlSSM

Abdoulaye Ndiaye @_a_nd

🚨🚨🚨 Joint work with Pawel Doligalski and @nicolas_werquin "Redistribution with Performance Pay", an expository thread. 1/n

Rob Gillezeau @robgillezeau

Prior to COVID-19, I was supposed to be presenting some early stage research this weekend at the @ClioSociety conference on the the impact of police bargaining rights on killings of civilians by race. I don't normally discuss early stage research, but it feels appropriate today.

Summaries of older papers

Arpit Gupta @arpitrage

Thread on "In Search of the Origins of Financial Fluctuations" by @xgabaix and @rkoijen. One of the most exciting agendas in asset pricing. See video (youtube.com/watch?v=OQnHos…). They estimate $1b investment in market -> $10b increase in price. How? 1/

Vitor Possebom @PossebomVitor

💡Econometrics Tread💡Identification, Inference and Sensitivity Analysis for Causal Mediation Effects by Imai, Keele and Yamamoto (IKY, 2010, bit.ly/3emZ4Ag) Mediation analysis decomposes a treatment effect in different causal mechanisms.

Public goods

n/a

Announcements

Stephen Redding @ReddingEcon

If you are interested in urban and spatial economics, these urban economics association lectures are open to all: urbaneconomics.org/meetings/lectu…. Should be fun!

urbaneconomics.orgUEA 2020 Lectures on Urban Economics

Lauren Lambie-Hanson @LaurenlambieH

Final reminder: register by tomorrow night for AREUEA virtual conference: cvent.me/xq3m9q. It’s free, and the presentations are going to be great. Details in thread. #EconTwitter #HousingTwitter 1/9

cvent.meAREUEA 2020 National ConferenceAREUEA 2020 National Conference. Online registration by Cvent

Miscellaneous

X-Économie @XDepEco

Proud and happy to announce that Béatrice Cherrier @Undercoverhist and Pauline Rossi will be joining us next September! @CrestUmr @IPParisEco

Jason Hartline @jasondhartline

Great news for @northwesterncs and @NUEconomics! Welcome to Northwestern, @ben_golub and Annie Liang! The new chapter of CS+Econ at @NorthwesternU is beginning.

Northwestern University Computer Science @northwesterncs

We're thrilled to announce the addition of four new tenure-track faculty members and two faculty of instruction to the CS community starting this fall. We look forward to welcoming you! https://t.co/zWsmC9n16J https://t.co/A0ijdMYpeb

Beatrice Cherrier @Undercoverhist

On December 6 1916, the evening before his examination on the theory of heat, Kiev polytechnical institute student Jacob Marschak was thrown in jail He was 18 (I don’t know if the night was dark and foggy) 1/n

Matthew Zeitlin @MattZeitlin

keynes is obviously the coolest economist ever (active and variegated sex life, had other interests besides economics), who's number two? albert o. hirschman?