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.
🥷🥷🥷💥💥📺📺📺⚔️⚔️🎮🎮🤖🤖 Persistent Effects of Violent Media Content by me + + 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
In our paper, 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/ and presented at Spring 2020 BPEA. Ungated link scholar.harvard.edu/stansbury/rese…)
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
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
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
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
🚨🚨🚨 Joint work with Pawel Doligalski and "Redistribution with Performance Pay", an expository thread. 1/n
Prior to COVID-19, I was supposed to be presenting some early stage research this weekend at the 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
Thread on "In Search of the Origins of Financial Fluctuations" by and . 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/
💡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.
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!
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. 1/9
Proud and happy to announce that Béatrice Cherrier and Pauline Rossi will be joining us next September!
Great news for and ! Welcome to Northwestern, and Annie Liang! The new chapter of CS+Econ at is beginning.
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
Northwestern University Computer Science @northwesterncs
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
keynes is obviously the coolest economist ever (active and variegated sex life, had other interests besides economics), who's number two? albert o. hirschman?
Matthew Zeitlin @MattZeitlin