You go to graduate school to LEARN how to do research. Which means you don't already know. It is normal to struggle with this process, and that is what advisors are here for. Don't assume that everyone else already knows how to do it. You are all here because you don't.
@AOC
I DO have an economics degree (Ph.D. from Harvard) and I would much rather take economic advice from
@GretaThunberg
and
@AOC
than most of the "experts" I see on the news.
As a grad student, transitioning from coursework to research is hard. IT IS HARD to come up with research ideas, especially when you havenβt had to do it before! It is a learned skill, and you are learning it now. Talk to faculty and let us help you. Itβs our job.
The life of a female academic:
Conference organizers realize their panel is all men 2 weeks before conference.
Ask you to sit on panel--say you do not have to speak, but can if you want.
π
Here is how my rockstar colleague dealt with it (go to 1:27).
Today, let's also highlight the GOOD actors in economics. To get it started, I am grateful to Guido Imbens, who kept me from dropping out of graduate school,
@lkatz42
who serves as an advisor LONG after graduate school ended, and
@HilaryHoynes
, who I aspire to be.π
Was honored to attend the amazing
@WiEMecon
conference hosted by
@BeckerFriedman
this weekend and give some advice for more junior academics. Below I share my top 10, which benefited from assistance from many of my very wise friends!
If you are an underrepresented student considering a Ph.D. in economics but you might need a bit more preparation, please consider the Columbia Bridge to the Ph.D. program! It is a great opportunity to take classes and work on research with great faculty (like me!)
A goal of public education is to improve economic
and social mobility. But schools often assign kids to classes based on academic ability, mimicking the stratification that education is intended to combat. Our new research studies this tracking in the US.
To all job candidates: The job you are taking now is, in all likelihood, NOT your forever job. People move. If it isn't a good match, you will leave. This is not a forever decision, just a "right now" decision!
My job market paper "Do better prisons reduce recidivism? Evidence from a prison construction program" found a great home at
@restatjournal
(accepted conditional on formatting and uploading data and codes).
Current draft here:
This year, I am in charge of Placement for the Sustainable Development Ph.D. Program at Columbia. This is a cool program where students take Ph.D. courses in Econ as well as in the natural sciences to do interesting work in environmental/health economics.
βAlmost all developed countries have things like subsidized child care, paid family leave, universal health care,β says Sandra Black, an economist at Columbia University. βThe economics make sense.β
@cynthiakoons
The Economic Mobility Conference is hoping to showcase some of the most interesting research on economic mobility (broadly defined). So please submit!!! (Yes, YOU!) You do NOT need to be affiliated with the NBER to participate!
@nberpubs
Attention all early-career researchers in labor economics (broadly defined): You should sign up for mentoring with the Society of Labor Economists. It is a great lineup of mentors (including me and
@rothstein_jesse
)--we can't wait to meet you!
.
Consider this the first of MANY future tweets--if you do work on inequality/mobility, please consider submitting to this conference--it should be a great group! We particularly welcome submissions by junior researchers. (No NBER affiliation needed!)
Marginal students admitted to UT Austin with the Top 10 Percent Plan did better (on average), while those who were "pushed out" seemed to still do ok (on average). A rare win-win (on average)!
@rothstein_jesse
@JeffDenning
Submit your papers to the NBER Economic Mobility Conference, Dec 2 in Cambridge! It should be a GREAT conference, organized by me and
@rothstein_jesse
, with a keynote by the AMAZING
@S_Stantcheva
. You do NOT have to be affiliated with the NBER, so SUBMIT!
NBER Economic Mobility Conference is this Friday, October 22, with a great lineup including a keynote by the amazing
@HilaryHoynes
! The conference will be live streamed--check out the program here:
@nberpubs
New WP! Where Does Wealth Come From?
Important ? to consider when thinking about inequality.
(w/Devereux,
@FannyLandaud
, and Salvanes)
If two people have same income but different spending (and hence different wealth) is that an unequal society?
Just a reminder as we battle this pandemic that too many Americans do not have health insurance. This is unacceptable at any time, but even more so during a health crisis. Health care is a human right.
#Medicare4All
Just a reminder that the things we say are "impossible" and part of the "extreme left" are things that many (most) other developed countries already do. (think Medicare for all, free college, paid family leave, collective bargaining...)
pro-tip: spending an hour with an early-career scholar is often all it takes. economics gives so little encouragement. too often problems are brushed off. listening and affirming someone's place in economics GOES A LONG WAY. if everyone pitched in, our science would improve too.
As a former Member of Obama's Council of Economic Advisers, I know that incremental change is not enough. We need more. And, as a society, we deserve more.
@BernieSanders
for President.
#NotMeUs
To call out a few particularly GOOD actors in the market, I have always loved giving seminars at Dartmouth, UC Davis, and UT Austin. You get GREAT feedback and feel genuinely happy in the process! (To name just a few!)
From my thoughts & convos with others over the last few yrs (and as one of many data collectors for this seminar culture paper!), my key takeaway:
Seminar culture *can* improve without losing rigor. The key ingredient is respect!
Health care is a human right.
This is not a radical idea--most other developed countries already have public health insurance. It actually saves money, too.
This is only one reason I support
@BernieSanders
.
#NotMeUs
I am incredibly frustrated with the recent court decision.
Economists, here is something we can do. We have something to say about the economic costs of limiting access to abortion.
#Econtwitter
: If you are an economist interested in joining an economistsβ amicus brief for
#SCOTUS
on the causal effects of abortion access on peopleβs lives, DM me.
VERY excited to announce that
@TaniaMocanu
will be joining us at
@columbia_econ
starting Fall 2023!!! π₯³
Check out her exciting portfolio of work here:
βAlmost all developed countries have things like subsidized child care, paid family leave, universal health care,β says Sandra Black, an economist at Columbia University. βThe economics make sense.β
@CynthiaLKoons
βAlmost all developed countries have things like subsidized child care, paid family leave, universal health care,β says Sandra Black, an economist at Columbia University. βThe economics make sense.β
@cynthiakoons
Just a reminder that Medicare-for-All would actually cost LESS than we are paying now for health insurance. Plus, as a bonus, we would be a more just society (at least a little bit).
"[Abortion] access affects women's education, earnings, careers, and the subsequent life outcomes for their children." -
@Caitlin_K_Myers
& Morgan Welch
Read more on what economic research can tell us about the effect of abortion access on womenβs lives ->
Striking: "None of the children who receive the full CTC live below the poverty line, while three-quarters of the completely ineligible children do so."
@jacobsgoldin
and I have a new working paper that looks at which children benefit from the Child Tax Credit and which do not.
Ungated version here:
A thread on some of our takeaways:
I'm trying to emphasize in my teaching that using RE (unless CRE = FE) is an act of desperation. If the FE estimates and the clustered standard errors are "good" (intentionally vague), there's no need to consider RE.
The problem with this argument--that it isn't inequality that is the problem, it is poverty--is that it ignores the fact that the disproportionate wealth at the top leads to disproportionate influence over our politics and policies. Which reinforces the problems at the bottom.
So, I have said this before, but this time it is REALLY the LAST NBER ECONOMIC MOBILITY Conference 9/27/2024!
A great conference on economic mobility, broadly defined. All fields welcome, and Jr. folks should definitely apply!
Submissions due 7/18.
.
These days (and all days?), there is nothing better than a random email from someone saying they appreciate something you said/did/wrote. I try to remember that whenever I read a great paper, see a good presentation, or am just feeling grateful for something someone did.
1: Research Is a Skill That You Learn
Ask senior colleagues/mentors for help with paper introductions, figuring out where to submit, and reading and interpreting editor/referees reports.
And donβt let papers sit on your deskβkeep them moving!
There's still time to submit! The NBER Economics of Mobility Conference will accept submissions until August 11--a full ONE DAY extension (because I tweeted the wrong deadline last time)! It's a GREAT conference--please apply! (
@rothstein_jesse
)
Call for papers, Economics of Mobility. The conference will be held in Cambridge, MA on Friday, October 27, 2023. Submit papers by 11:59pm EST on Thursday, August 10, 2023. More information:
Apply now for a visiting position at the Opportunity and Inclusive Growth Institute--a great opportunity for anyone doing work to increase economic opportunity and inclusive growth! Plus you get to work with
@AbigailWozniak
,
@agoodmanbacon
, and
@afogli001
!
Giving students access to class slides before class might seem helpful but hurts learning, according to multiple studies & experiments.
Having slides in advance lowers note-taking, attendance, and overall class performance. (Of course, this must be balanced with accommodation)
Check out this applied economics workshop--a great lineup, including
@martha_j_bailey
and
@rothstein_jesse
among others! You can see me this Monday night, June 29 (or Tuesday morning in Asia), for anyone interested in attending.
Call for Fellowship Applicants: The NBER is now accepting applications for several pre- and post-doctoral fellowships for the 2019-20 academic year.
Deadline to apply is 12/9/19. View full details at
5. Fallacy of Self Importance (my favorite)
Nobody else is thinking about you as much as you are!
Try not to take things personally (TRY!)
Nobody really cares if you cancel a talk, etc. So donβt make yourself miserable doing something you really donβt want/need to do.
July 2015: hottest July on record
July 2016: hottest July on record
July 2017: hottest July on record
July 2018: hottest July on record
July 2019: hottest July on record
June 2021: hottest June on record
Yeah. It's time we got our act together and took bold action on climate.
Looking at the effects of abortion access (or lack thereof) on teen motherhood. βThe findings suggest that modern abortion restrictions are harming women's efforts at economic advancement and are perpetuating racial inequality.β Very timely project by JMC
@MayraPinedaT
JMC announcementβοΈβοΈβοΈ
Hello
#econtwitter
, I'm officially in the job market. So, I want to introduce myself and my JMP.
Website:
JMP: TRAP'd Teens: Impacts of abortion provider regulations on fertility & education . With
@kmpjones
This is great advice for students on the job market. You don't know all the great opportunities that are out there, so keep your mind open. Academia is not the only option out there, and there are many of us (me) whose first job was not at a university.
closed my email to them with:
"My one request of you is to support your classmates on the market. This process can be stressful. It is important to be kind to yourself and others. Economists are highly employable and many great options exist."
As we talk about the
#UI
cliff occurring tonight, let's make sure we emphasize that people will not be "falling" into poverty - they will be pushed into poverty.
Poverty is a policy choice (and in this case, choosing*not* to sign a bipartisan bill).
6. Learn to Say No
Manage your work life!
Decide:
1. Can I say no?
2. Do I want to do this? (Beyond βit is so nice to be asked!β)
3. Will this help me professionally?
4. Would I do it differently than the next best person?
5. What will this crowd out?
Feeling frustrated today (and every day?): States NEED to shut down but can't afford to. Where is the Federal Government? Congress? Fact: we can't fix the economy until we have the pandemic under control.
How does increasing access to student loans for graduate students affect student outcomes?
New working paper with
@JeffDenning
and Lesley Turner shows that student borrowing β¬οΈ with little change in student outcomes. However, schools do β¬οΈ prices.π
π¨π¨New Working Paperπ¨π¨ "PLUS or Minus? The Effect of Graduate School Loans on Access, Attainment, and Prices"
with
@Econ_Sandy
and Lesley Turner
What happened when student loan limits for graduate school were essentially uncapped?
Why the new CBO report likely vastly overstates the employment effects of the proposed minimum wage increase. Despite that, the benefits STILL >>>costs. From
@arindube
(the true expert on the topic).
Today
@USCBO
released its projections for $15/2025 min wage. Here are some thoughts on their employment estimate.
Tl;dr. They used same evidence (11 studies) as 2019 report but UPweighted more negative studies; the implied OWE=-0.48 instead of -0.38
The cruelty of this administration never ceases to amaze me. Taking benefits away at exactly the moment we should be expanding access to them. (h/t
@JustinWolfers
)
.
@SecretarySonny
says SNAP time limits for able-bodied adults will tighten as scheduled on April 1 despite concern about economic impact of COVID-19. Tougher application of the 90-day limit on benefits is expected to end SNAP for 700,000 people.
@FERNnews
8. Life is Full of Surprises
Things donβt always turn out the way you think/want, but that isnβt always bad in the longer run. You will find new opportunities and you might be even happier.
You might not know what opportunities are out there.
You can always change your mind.
women scholars and leaders in COVID-19 crisis are essential, thank you
@GitaGopinath
and
@Econ_Sandy
for sharing your expertise with *Women in Macro* conference today ... elevating the disproportionate challenges in emerging market economies and among women everywhere
Mission: Build a more equitable society by supporting policymakers in creating effective and inclusive policies and by diversifying the Economics profession.
Who can argue with this?? And led by the ever-impressive
@ChloeNEast
!
πIm starting a Lab! The Equitable Policy Research Lab!
Mission: Build a more equitable society by supporting policymakers in creating effective and inclusive policies and by diversifying the Economics profession.
Follow
@EPR_Lab
& π
#EconTwitter
1/N
Get ready for NBER Economic Mobility Conference Live Streaming TOMORROW. It is a GREAT lineup! And, if you can't make it in real time, the video will be up for a few days after.
NBER Economic Mobility Conference is this Friday, October 22, with a great lineup including a keynote by the amazing
@HilaryHoynes
! The conference will be live streamed--check out the program here:
@nberpubs
Stefanie Stantcheva, Professor of Economics at Harvard University, is the recipient of the 2020 Elaine Bennett Research Prize. Visit for the full announcement.
@S_Stantcheva
@Harvard
When people ask whether we should spend money on early childhood programs or programs for older kids, I get so frustrated. It is a false choice--we CAN (and should) spend money on both.
Thanks for the signal boost,
@NickKristof
.
The new research also challenges the conventional wisdom that it's just spending in early childhood that has high returns. Programs for older kids (e.g. K-12 educ) + young adults (e.g. help with college tuition) also have high returns.
A bit of good news--one of our amazing undergrads from
@UTAustinEcon
, Ishaana Talesara
@ishaaaaana
, was just awarded an NSF Graduate School Fellowship! She is amazing, and I look forward to seeing what lucky graduate program will get her.
#ProudUndergradAdvisor
BREAKING: 219 economists and academics just sent a letter to Congress urging them to include a Billionaires Income Tax in the final Build Back Better deal.
"Letting billionaires skip out on the income tax is unjust to the ordinary taxpayers who must ultimately foot the bill."
π¨π¨New paper βSibling Effects on High School Exam Taking and Performanceβ with
@jonisaacsmith
and Mike Hurwitz via
@AnnenbergInst
. Thread below 1/n
"The heroic and essential role played by so many low-wage workers in delivery jobs, grocery stores, food production, and care workβoften without adequate personal protection equipment...--is increasingly highlighting the glaring inequalities in the US labor market and society."
As seminar season approaches, make sure you have added your name to the AEA Speakers List if you are eligible. And if you are organizing seminars, make sure you check it out when planning your seminar series!
ATTENTION ALL SENIOR ECONOMISTS: NOW IS YOUR CHANCE TO MENTOR! Please sign up to mentor for our annual CSWEP "breakfasts" at the AEA (this year virtually from 2:30-3:30 in the afternoon eastern). It is a quick and easy way to help younger researchers--and it is FUN!
Announcing the call for mentors for our Mentoring "Breakfasts" for Junior and Mid-Career Economists to be held at the upcoming 2021 Virtual AEA/ASSA Meetings. If you're not subscribed to our mailing list, please see the announcement below and subscribe.
]
This is one of my very favorite conferences--women doing work in applied micro should definitely apply! (Unless you do work on Economic Mobility, in which case you should apply to our NBER Economic Mobility Conference, which is sadly the same day!)
CALL FOR PAPERS: The Women in Empirical Microeconomics Conference 2024 seeks to offer a platform for innovative empirical research in microeconomics. All interested researchers are invited to send submissions.