Best of #econtwitter - Week of November 27, 2022 [1/2]

Nov 29, 2022

Welcome readers old and new to this week’s edition of Best of Econtwitter. Please submit suggestions — very much including your own work! — over email or on Twitter @just_economics.

This is part one of two.

Paper summaries

David Schönholzer@davidfromterra

In 1631, Prague was conquered by Sweden, only to revert back to the Habsburgs six months later. France took Nancy from Burgundy in 1634 and held it for decades. Thousands of such city switches occurred throughout history. What can we learn from them? New research with Eric Weese:

5:44 AM · Nov 24, 2022

65 Reposts · 299 Likes

David Schönholzer@davidfromterra

What do we find? In the period of the switch, city population falls by almost 30%. This is not only true during wartime but also in peacetime, such as a royal inheritance that quickly reverts back to the original owner. Unstable governance is really bad for city growth.

5:44 AM · Nov 24, 2022

1 Repost · 31 Likes

David Schönholzer@davidfromterra

In fact, as cities switch between states, they typically end up in states that are better for city growth, although benefits fall with the number of switches. They are due to good states taking more cities over time and better states entering the market for governance over time.

5:44 AM · Nov 24, 2022

23 Likes

Jonathan A. Parker@ProfJAParker

(1/N) Giving thanks that December JF has our paper showing that investors who believe in different models of the world update differently & invest in opposite directions in response to a common public signal, 10.1111/jofi.13179. Public draft here: mitsloan.mit.edu/shared/ods/doc…

4:06 PM · Nov 23, 2022

14 Reposts · 92 Likes

Thomas Piketty@PikettyLeMonde

See especially new findings on plutocratic China by regional coordinator Zhexun Mo Bottom 50% wealth share is now only 6%, vs 70% for the top 10% and 10% for the top 0,001% alone

9:04 AM · Nov 23, 2022

539 Reposts · 1.73K Likes

^World Inequality Database 2022, also:

Alice Evans@_alice_evans

Women in France earn 41% of total labour income Russia: 40% Brazil: 38% India: 18% Somalia and Chad: 8% The first ever calculation of the gender gap in labour income! By @ThereFeen & @asrobilliard wir2022.wid.world/www-site/uploa…

1:41 PM · Nov 23, 2022

137 Reposts · 393 Likes

John B. Holbein@JohnHolbein1

"we show that high-speed Internet increases addictive Internet use and significantly decreases time spent sleeping, doing homework, and socializing with family and friends." iza.org/publications/d…

9:45 PM · Nov 26, 2022

32 Reposts · 153 Likes

^would pay someone to write a lit review and synthesize all these internet rollout papers (and to spell out how willing one should be to buy the identifying assumptions)

NBER@nberpubs

Subjective evaluations are more predictive than GRE scores for admissions to graduate economics programs and future job placement, yet they are also very noisy, from Jessica Bai, Matthew Esche, W. Bentley MacLeod, and Yifan Shi nber.org/papers/w30677

9:00 PM · Nov 26, 2022

15 Reposts · 43 Likes

^request for thread

Public goods

Mayara Felix@mayara_pfs

If you are looking for 🇧🇷 data, check out Base dos Dados (basedosdados.org). They provide free and easy access to many 🇧🇷 datasets, including a publicly available version of RAIS (without links/identifiers, of course). Consider donating too; I just did. Thanks @rdahis !

basedosdados.org

Base dos Dados