You could hardly have more different books on behavioral economics. Chater and Loewenstein regret their part in what they feel has turned into a scam, while Thaler and Imas celebrate how it has gone from victory to victory.
#econsky #academicsky
marketdesigner.blogspot.com/2025/10/dive...
New The Effect materials today: introductions to basic coding and data manipulation in R, Stata, and Python. Get the wheels turning on using these languages with data with these intro pages and exercises:
nickchk.com/Coding%20and...
nickchk.com/Coding%20and...
nickchk.com/Coding%20and...
โGet it all on record now. Get the films. Get the witnesses. Because somewhere down the road of history some bastard will get up and say that this never happened.โ
Dwight D. Eisenhower
We show:
* LP-DiD is identical to "stacked DiD" (Cengiz et al. 2019); but no need to stack the data
* a simple re-weighted LP-DiD estimate is identical to Callaway/Sant'Anna; but uses OLS & asymptotic inference: much faster.
* slightly modified LP-DiD closely related to of Borusyak et al.
Paper worth reading: "The Optimality of Majority Rule" by Nina Bobkova.
It offers a new perspective on why simple majority-rule may be best: it not only aggregates information but it also motivates voters to learn about what really matters.
Link: drive.google.com/file/d/1pVVE...
#polecon
"Fox News has substantial effects up and down the ballot. It boosts Republican candidates in House, Senate, gubernatorial, and presidential elections. We show that the mechanism for these electoral effects is that FNC has shifted Americansโ partisanship and ideological preferences to the right."
Do you or your students ever have to clean data in
Stata? If so, I wrote a tutorial for @asjadnaqvi.bsky.social 's amazing "Stata Gallery". I cover the most essential techniques: generating, replacing, recoding, rescaling, encoding, destringing & lots more! polisky medium.com/the-stata-ga...
Ever wondered how discrimination affects job networks? In our two-stage experiment on LinkedIn, we provide insights into the question, causally studying the effect of discrimination on Black individuals' job networks in the U.S.
Very cool paper by @ethanbdm.bsky.social on how strategic partisan behavior by politicians can cause voters to underestimate common ground
In the model voters understand the model... In reality of course they likely don't, which likely exacerbates these misperceptions
www.nber.org/system/files...
๐จ New WP:
"Religion and Growth"
w/ @jaredcrubin.com & Ludger Woessmann ย
We use the elements of a macroeconomic production functionโphysical capital, human capital, labor, and technologyโto frame the role of religion in economic growth.
๐ (pdf) www.monash.edu/__data/asset...
๐งต1/X
"Women spend so much more energy being nice to people in the workplace! When will they ever get credit for that?!โ This audience question is common in our public talks about research on gender equality in the labor market. Our new paper gives striking evidence on this point. 1/7
#EconSky Besides @BruceWydick's excellent book "Games in Economic Development", what are the other nice books/materials on applications of game theory in development economics (i.e. written from a game theoretic perspective)? I warmly appreciate any leads/ help.
๐คฉ
![There is a โcentreโ where the money, the fame, is; most likely your proposal gets funded because itโs on the most favourable topic. Maybe today, RNA is [most favourable]. If you are working with mRNA, maybe that's the centre there.
And then there are people in the periphery. There is no fame, there is no money, no nothing there. The only thing in the periphery is freedom. You can do what you like to do, what you feel is important.
Hereโs what a proposal is: why they should give me money. And they should question that. โShe came from university nobody knew about.โ โShe never had a mentor who was famous.โ
And somehow it gravitates always to the same people, same circle. They get published there, they get the money. And that's another explanation: I was not famous enough or didn't have anybody who would support me in a way that somebody thatโs a famous and well-established scientist stands behind you and says, โOh, look at this, itโs good.โ](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:h6srr75ahvugj6gts7ql4cpl/bafkreie7jkxonqwgbbcuni4dh54nhodteq24wv4dp6smnvsomdpwpve4we)
There is a โcentreโ where the money, the fame, is; most likely your proposal gets funded because itโs on the most favourable topic. Maybe today, RNA is [most favourable]. If you are working with mRNA, maybe that's the centre there. And then there are people in the periphery. There is no fame, there is no money, no nothing there. The only thing in the periphery is freedom. You can do what you like to do, what you feel is important. Hereโs what a proposal is: why they should give me money. And they should question that. โShe came from university nobody knew about.โ โShe never had a mentor who was famous.โ And somehow it gravitates always to the same people, same circle. They get published there, they get the money. And that's another explanation: I was not famous enough or didn't have anybody who would support me in a way that somebody thatโs a famous and well-established scientist stands behind you and says, โOh, look at this, itโs good.โ
Katalin Karikรณ on the status economy of academia. Sheโs the hero we donโt deserve.
Source: josephnoelwalker.com/147-katalin-...
New Paper ๐
We look at the contrasting meanings of merit that elites in the ๐ฌ๐ง and ๐ฉ๐ฐ deploy when justifying their success. Co-authored with @aaronsreeves @chellersgaard @antongrau
๐งต belowโฆ
academic.oup.com/sf/advance-a...
Researchers using the RD design often plot the running variable against the outcome. This paper from Korting et al. demonstrates that a researcher's approach to plotting RD data can have major consequences for readers' ability to accurately process statistical info. academic.oup.com/qje/article/...
PSA: stata2r.github.io is a *fantastic* website for getting going in R (w data.table & fixest) if coming from Stata. Recently had to do large project fully in R, used data.table because of this website, loved it. Thanks @kylefbutts.bsky.social @gmcd.bsky.social @nickchk.bsky.social!
Polisky. Announcing workshop on ๐ฃ๐ผ๐น๐ถ๐๐ถ๐ฐ๐ฎ๐น ๐ฉ๐ถ๐ผ๐น๐ฒ๐ป๐ฐ๐ฒ ๐ถ๐ป ๐๐ฒ๐บ๐ผ๐ฐ๐ฟ๐ฎ๐ฐ๐ถ๐ฒ๐. Ursula Daxecker, Andrea Ruggeri, and I are inviting proposals for an in-person workshop at University of Amsterdam in spring 2024. Submission deadline: Friday, September 29 Call & submission info: evap.uva.nl/event/worksh....
Ohmygod ๐... people on earth are getting hyper creative in fleecing others! The Einstein guy was right: human stupidity really has no limits!!
Digital tech is meant to be inclusive, plural. Musk & his ilk believe capitalism can buy human freedoms which is nonsense. The way tech progress is happening, no one company can be hegemonic for long. X.com is decaying. Quite the fate of many now obsolete tech. Hope #BlueSky shines in its promise.
#econsky Intro time. I work on Pol Econ topics like corruption & governance, political/institutional determinants of economic outcomes, public trust in institutions, elections, public finance. I'm also interested in studying poverty, inequality, and gender bias. I'm an AstProf at IIT Bhubaneswar.
One of my most admired neuroeconomists, Camelia Kuhnen, discussing the neuroscience of why people process the same financial information (like current economic indicators) to mean different things.
https://www.fastcompany.com/90931057/is-the-economy-good-or-bad-why-we-cant-agree
