Best of #econtwitter - Week of October 3, 2021 [2/2]
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 two of two, this week. Part one is here.
Paper summary threads
Our new working paper: tell the computer what you know (and don't know!) about a causal question w/ discrete data → automatically get most precise possible answer (bounds, or a point estimate). Joint w/ @guilhermejd1 @nsfinkelstein @dean_c_knox Shpitser.🧵arxiv.org/abs/2109.13471
Impressive meta-analysis of the impact of cash transfers on subjective wellbeing from @HappierLivesIns: happierlivesinstitute.org/uploads/1/0/9/…
If my math is right, effect on life satisfaction per $ doubling is very close to what you'd read off this old @BetseyStevenson @JustinWolfers chart:
📢📢 New Working Paper Alert 📢📢
Joint with @jamesfeigenbaum
“Why Does Education Increase Voting? Evidence from Boston’s Charter Schools”
nber.org/papers/w29308
1/n
Privatizing sanitation in Dakar led to productivity improvements and arguably a ~5% reduction in diarrhea rates among children under five in Dakar.
New @nberpubs by @JoshDeutschmann @MollyMLipscomb @GarsJared @LauraASchechter & Houde
nber.org/papers/w29295 #nbermonday #WASH
Do charity fundraising appeals generate new money, or offset other donations?
Answer: new money, with no later reduction for the target charity.
Weirdly, donations to *other* charities also go up, but later fall slightly.
AEA Journals @AEAjournals
Are men overconfident and women underconfident?
What experts believe and what the data say differ widely.
Men are from Mars, and Women Too: dropbox.com/s/8vmlohipf2no… by @orianabandiera, Nidhi Parekh,
Barbara Petrongolo, and Michelle Rao
More: trade war, robot adoption in surgery, effects of good schools, business grants vs. cash transfers, CTC expansion, declining US birth rates
Public goods
I've put together presentation advice for econ theory talks.
It's coming that time of year when many young theorists rapidly learn to present papers, so I thought this might be useful.
^related very good thread:
A few observations to add, in the form of common mistakes.
A. "The audience as computer" aka "important things need to be written to memory once." In fact, nobody learns anything except the simplest things the first time. Important points should persist across a few slides.
1/
Shengwu Li @ShengwuLi
E. Not treating a talk as an important performance.
A senior theorist told me that after his first big talk, a very senior theorist told him that while a seminar looks like no big deal, it's Carnegie Hall for us - "Why didn't you treat it that way?"
Interesting discussions
Many social science papers, especially with novel data, yield multiple interesting findings.
But sometimes there are pressures to tell one simple story, which leads to some findings being neglected, even when the paper is highly cited.
This makes me think there can be benefits of more papers, even if some are "least publishable units" because otherwise our whole system (metadata, citation practices) can make our accumulating knowledge illegible.
Exciting news and times for Economics in Europe!
CEPR headquarters moving to Paris.
Annual symposium (NBER SI-style) also in Paris -- like many of us have been "asking for" since long.
@cepr_org
CEPR @cepr_org
Good thread. I don't agree with all of the suggestions, but there is a LOT of room for experimentation in economics around this challenge and currently I see almost no experimentation. Limiting the length of referee reports seems like an easy one.
Anup Malani @anup_malani
The fact that my colleagues @Jabaluck & @mushfiq_econ had to do the mask study is another case in point. Economists led the way, while the biomedical researchers racked up tiny study after tiny study of hydroxychloroquine in 2020. Look at clinicaltrials.gov & weep. 7/
I dream of a day when economics can, also, go from an oral and beamer culture to rediscover writing
Ramanand @quatrainman