Best of #econtwitter - Week of September 12, 2021
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.
Paper summary threads
My new working paper out today with @djh1202 shows how adverse selection has unraveled private markets for financial alternatives to student debt that would reduce the risk of investing in college.
scholar.harvard.edu/files/hendren/…
Thread summary below: (1/n)
^gif. More in “education-related gifs”:
Our exploratory #RDD results show this course, using anti-racist curricula and pedagogy, sustained gains throughout HS in attendance and credits earned & additional evidence of an increase in college matriculation using @NSClearinghouse data
We estimate continuous-treatment DD models to find that #ecig taxes reduce ecig use & raise #cigarette use.
Doubling existing #ecig taxes would reduce youth use by 12% but raise current #cigarette use by 8%, with particularly large increases for regular #cigarette users.
7/13
The data make clear that IC work has a distinct high-end and low-end. Here’s the distribution of work within earnings groups:
4/9
^IC = independent contractors
Hi #Econtwitter!
happy to share a revised version of ⬇️ with @CmfValente & @Maheshcpuri
To recap:
>400 000 children die from blood infections every year 😢
- 2 RCTs: chlorhexidine can prevent this for 0.23USD/dose 👍
- 3 subsequent RCTs: no effect 😕
➡️slow/no roll-out
1/10
Hans Henrik Sievertsen @hhsievertsen
Fascinating evolution of stated preferences for a partner during the 20th century: personality criteria progressively replaced economic criteria.
Data from matrimonial ads in 🇫🇷.
ht @j_vechbany
cambridge.org/core/journals/…
^trends in agreeableness?
When the USSR collapsed, some subfields of non-Soviet mathematics got a surprise infusion of new ideas.
Agrawal, Goldfarb, and Teodoris show that as the burden of knowledge grew in these subfields, mathematicians specialized relatively more and formed bigger teams! 1/3
New/old paper with Hitoshi Tsujiyama now forthcoming. Paper tackles an old question – the shape of the optimal income tax schedule. Should marginal rates be flat (Friedman / Mirrlees), U-shaped in income (Diamond / Saez) or increasing (actual tax code)? 1/
How does police violence affect public cooperation w/ law enforcement? In a new WP w/ @PankaBencsik @jmb112485 @EDerenoncourt, we find large declines in crime-reporting after the murder of George Floyd. Across 8 cities, 911 calls per gunshot drop by 50% & total calls by 25%. 1/5
🚨 New research just published in @NatureHumBehav: We analyzed the collaboration patterns of 61k+ @Microsoft employees to estimate the causal effects of firm-wide remote work (RW).
nature.com/articles/s4156…
1/
1/4 What happens when there are limits imposed on the amount of money that politicians can spend on their campaigns? In this paper forthcoming in @AEAjournals aeaweb.org/articles?id=10… we examine the effects on political entry, selection, and behavior of local politicians in Brasil
More: education-job loss association; Vietnamese development; decomposition of income gains; Korean development; broadband reduces poverty; fairness views
Public goods
🚨 Beamer Slides Template 🚨
My attempt at making beautiful beamer slides easy. h/t to @paulgp's beamer tips for a lot of inspiration.
pdf preview: raw.githubusercontent.com/kylebutts/temp…
source code: github.com/kylebutts/temp…
Details...
Interesting discussions
As of 2021-09-05, the # of job openings on JOE for full-time academic jobs in the US is up 102.8% compared to same time in 2020 (!) and is even up 20.8% compared to this time in 2019 (which was pre-COVID). #EconTwitter #EconJobMarket 2/6
Happy Labor Day!
Some food for thought about *lifetime* employment rate. A mini thread:
12.6% of US men work < 1/2 of prime-age years (25-55)
"Working" = Earnings > $2K in a year. A very low bar.
If "working" = $10K: 19.5% of men work <1/2
#econtwitter (1/n)
Big news from Economics of Education Review - expedited, no-revision review track is now live and ready for submissions.
What are our best submissions to the scientific hall of fame of "we figured out how this real thing works"
Proposals:
(i) prices;
(ii) adverse selection e.g., why markets with private information don't work so well;
(iii) mixed Nash in penalty kicks
others?
CaltechEconTheory @CaltechEconThry