Best of Econtwitter

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Best of #econtwitter - Week of October 24, 2021

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Best of #econtwitter - Week of October 24, 2021

An Economist
Oct 25, 2021
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Best of #econtwitter - Week of October 24, 2021

bestofecontwitter.substack.com

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

Twitter avatar for @albrgr
Alexander Berger @albrgr
Oof conference.nber.org/conf_papers/f1…
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4:36 PM ∙ Oct 22, 2021
892Likes197Retweets
Twitter avatar for @paulnovosad
Paul Novosad @paulnovosad
Jacob Moscona's BREAD paper is fascinating. On why agricultural research knowledge doesn't get transferred to poorer countries. Will try to keep up in a thread. Livestream:
youtube.comDevelopment Economics / BREAD Meeting
6:32 PM ∙ Oct 22, 2021
100Likes23Retweets

^more from BREAD: adaptation to temperature/drought changes in Brazil

Twitter avatar for @DiegoRestuccia
Diego Restuccia @DiegoRestuccia
Thrilled to have this paper on Geography and Agricultural Productivity with Tasso Adamopoulos forthcoming in the Review of Economic Studies. Low-quality land endowment is not the main source of low agricultural productivity in poor countries. A thread. 1/11
Twitter avatar for @RevEconStud
The Review of Economic Studies @RevEconStud
Geography and Agricultural Productivity: Cross-Country Evidence from Micro Plot-Level Data   https://t.co/otTQgOxbro   Tasso Adamopoulos, York University and Diego Restuccia, University of Toronto and NBER   #economics https://t.co/2QCB1kzYvS
9:50 PM ∙ Oct 22, 2021
270Likes63Retweets
Twitter avatar for @DanialLashkari
Danial Lashkari @DanialLashkari
We build a proxy for different aspects of job quality for each US occupation using representative survey data We estimate effect of parent income on likelihood of choosing each US occupation (controlling for education, etc) The two are highly correlated across occupations 2/n
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5:16 AM ∙ Oct 24, 2021
Twitter avatar for @ScottSumnerTMI
Scott Sumner @ScottSumnerTMI
A 30 tweet thread discussing my new Mercatus working paper on the Princeton School of macro, which revolutionized monetary theory, providing a framework for our understanding of stabilization policy in the ultra-low interest rate 21st century.
4:32 PM ∙ Oct 19, 2021
281Likes92Retweets

More: publication bias in prejudice reduction experiments; UST valuations; why cement is expensive in Africa; low interest rates and market structure; comparing different estimates of top incomes; time-varying prices and electricity consumption; social capital and monetary policy shocks; classifying network mechanisms; MeToo triple diff; agriculture misallocation and land reform; reallocation and partner violence

Public goods

Twitter avatar for @drew_m_johnston
Drew Johnston @drew_m_johnston
I'm excited to announce the release of the zip code Social Connectedness Index! It captures the rate of Facebook friendships between zip codes. This data set allows for much more granular uses than before. A 🧵 of examples:
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9:20 PM ∙ Oct 19, 2021
575Likes139Retweets
Twitter avatar for @Andreas_Ferrara
Andy Ferrara @Andreas_Ferrara
New working paper alert (with @patesta and @LiyangZhou6)! Introducing new area- AND population-based crosswalks for harmonizing boundaries of U.S. counties (i) to congressional districts and (ii) across U.S. Census years. Paper: warwick.ac.uk/fac/soc/econom… (1/7)
12:21 PM ∙ Oct 20, 2021
101Likes26Retweets
Twitter avatar for @lukestein
⑆Luke Stein⑈ @lukestein
I get some rando Stata questions in my DMs, and unless I have an answer right at hand, tell folks to sign up for Asjad’s good Discord👇 Check it out if you’re looking for friendly advice in a chat-style forum
Twitter avatar for @AsjadNaqvi
Asjad Naqvi @AsjadNaqvi
Dear all, a reminder that if you have Stata questions, especially regarding stuff covered in the Stata Guide, then post them on the Discord server where several people can respond: https://t.co/aU8558nnRb I get questions in the mail regularly and its hard to keep track!
1:29 PM ∙ Oct 24, 2021
5Likes1Retweet

Interesting discussions

Twitter avatar for @johnjhorton
John Horton @johnjhorton
I think people (esp. older academics) don’t appreciate how valuable it is as an academic to have an independent distribution channel for your work. Nearly 20k followers means anything he writes will get some attention. That’s huge.
Twitter avatar for @KhoaVuUmn
Khoa Vu @KhoaVuUmn
Hi Martin @MartinRavallion , I believe your tweet came with good intention like any advice from a good adviser. You have a large influence on my work and passion for dev econ, so I'm writing this response with all of the respect I have.
1:17 PM ∙ Oct 18, 2021
186Likes7Retweets

^see also

Twitter avatar for @Jabaluck
Jason Abaluck @Jabaluck
A major difference between econ and epi is that econ is more authoritarian while epi is more democratic. This has positive and negative consequences @EpiEllie
Twitter avatar for @EpiEllie
Dr Ellie Murray, ScD @EpiEllie
Econtwitter friends, here’s something I respect about your field & would like to learn to emulate: At least from my outsider perspective, new methodological advances (or at least awareness of problems in old methods) seem to propagate through econ so fast! How do you do it?!
12:01 AM ∙ Oct 20, 2021
138Likes28Retweets
Twitter avatar for @wuthrich_k
Kaspar Wüthrich @wuthrich_k
happy to see Econometrica being very explicit about their expectations. these are great guidelines that hopefully will improve the review process.
Twitter avatar for @GGenicot
Garance Genicot @GGenicot
Wanted to share a great set of guidelines to referees adopted by Econometrica and QE: https://t.co/F0N813nTIV
9:37 PM ∙ Oct 21, 2021
8Likes3Retweets
Twitter avatar for @JSchleiderPhD
Dr. Jessica Schleider @JSchleiderPhD
Here is a 🧵 of terms related to money/funding in academia that no one explained to me until I was applying for faculty jobs (or after I'd started), that I pretended to understand until then, and that would’ve been very helpful to learn earlier than I did. 1/a whole bunch
12:07 AM ∙ Oct 22, 2021
4,687Likes1,319Retweets

^also: AP salaries by department for one university

Twitter avatar for @arpitrage
Arpit Gupta @arpitrage
Really cool resource here — income returns information by major and school; downloadable. Here, for example, are estimated earnings for some "tech" majors vs. liberal arts at age 35. cc @AnthonyLeeZhang
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Twitter avatar for @senatorshoshana
Shoshana Weissmann, Sloth Committee Chair 🦥 @senatorshoshana
NEW: @PrestonCooper93 @FREOPP's paper is FINALLY out!!! 1) Some degrees are worth millions, others have no net financial value https://t.co/5pVpN6OXXT 2) We Calculated Return On Investment For 30,000 Bachelor’s Degrees https://t.co/QeVWa3H0rm
4:43 PM ∙ Oct 22, 2021
22Likes4Retweets
Twitter avatar for @ShengwuLi
Shengwu Li @ShengwuLi
On reading the ‘classics’: in my own work, I have often come up with a seemingly new idea, only to discover that it is an old idea that resisted formalization. 🧵
5:09 PM ∙ Oct 23, 2021
271Likes39Retweets

^a lot of discussion on this topic this week, most of it bad, stay safe out there — comment, comment

Twitter avatar for @TwitterEng
Twitter Engineering @TwitterEng
You may have heard about this year's Economics Nobel Prize winners - David Card, Josh Angrist (@metrics52) & Guido Imbens. Their publicly available work has helped us solve tough problems @Twitter, and we're excited to celebrate by sharing how their findings have inspired us.
7:18 PM ∙ Oct 18, 2021
2,549Likes746Retweets
Twitter avatar for @causalinf
scott cunningham @causalinf
Just thinking about Princeton. One thing people maybe don’t appreciate is that while the three winners are now at MIT, Berkeley and Stanford, the award quite frankly is an award to Princeton and it’s post 1970s empirical labor group.
1:32 PM ∙ Oct 14, 2021
109Likes11Retweets

^ICYMI: special edition of the newsletter on the Nobel last week

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Best of #econtwitter - Week of October 24, 2021

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