Best of #econtwitter - Week of May 8, 2022 [3/3]
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Best of #econtwitter - Week of May 8, 2022 [3/3]
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 three of three.
Paper summary threads
🚨🚨🚨 Really excited to share my paper on the minimum wage with @ekaterinajardim, @mlmarklong, Bob Plotnick, @JakeVigdor, and @hilweth which came out in the May issue of AEJ: Economic Policy. (Link without paywall below)
aeaweb.org/articles?id=10…
vaninwegen.github.io/mwage_public/j…
1/ NEW PAPER ALERT🧵
How does remote collaboration shape scientific discovery?
When teams become remote, we find, they pursue less foundational and more incremental ideas
However, we also find a reversal after 2010, which we attribute improvements in remote work technologies
New paper shows #WFH win-win for employees & firms
1) 1/3 of time saved from less commuting goes on personal activities, 2/3 on work
2) WFH gives flexibility to visit the dentist, get exercise, pick up the kids etc, and work more later to make up
Paper bit.ly/3s1XBsw
Not just pop culture. As @profjamesevans and Chu show, in science, top papers garner more and more citations, turnover of top papers has slowed, and everyone cites the same papers (academic franchises?).
Their explanation probably explains 🎥🎶📚🕹️too. pnas.org/doi/10.1073/pn…
Ethan Mollick @emollick
There is a new version of my paper with Cohn and Liu about dealing with skewed outcomes in finance research, previously titled "Count Data in Finance." We've changed the title to reflect the fact that the paper is not limited to discrete outcomes.
1/12
Huh.
% STEM graduates who are women is *negatively* correlated with a broad gender equality index across countries.
Source: Stoet & Geary (2018): oecd-ilibrary.org/content/paper/…
Important response post - seems sensitive to the inputs into "gender equality index"
Sam Atis @sam_atis
The Ex Ante Likelihood of Bubbles | Management Science pubsonline.informs.org/doi/abs/10.128…
It’s so awesome to see this paper released into the wild! A thread… 1/
More: treasury yields; funding dry-ups
Interesting discussions
As a problem set to my 2nd year PhD class I asked them to create (and tweet if they wish) a 🧵. The goal was to practice the “elevator pitch” for other papers before having to do it with their own jmp.👇is what one of our awesome students wrote on a classic by @DanialLashkari
Giovanni Bonfanti @GBonfantiEcon
^“write a twitter thread” as homework, modernity continues to amaze. Next, folks can assign this newsletter as required reading on the syllabus :)
Twitter is great writing practice for academics. You write a tweet naturally. You realize you're 3x the 240 char limit. You stare at your tweet, delete all the pointlessly defensive writing ("fairly confident", "under some circumstances", etc.) and boom! You're under 240 chars
Some stats for new econ PhDs. Here are my journal pubs by school year since finishing in '16:
16-17: 0
17-18: 0
18-19: 0
19-20: 1
20-21: 2
21-22: 4
What explains the variation?
1/
Not to complain but... I think we need to find a new equilibrium in the surveys of academics. I have received 6 survey solicitations in the last month -- initially I was very gung-ho but this seems like it's starting to unravel.
After 862 responses, 50% of biz school faculty would join a new university that was designed to be WFH similar to Airbnb's new policy.
So this model will take hold at a new/existing university sooner rather than later! Some thoughts...
Rem Koning @orgRem
