Daniel Millimet ✡️🇺🇦 @dlmillimet Twitter profile | Pikagi

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Daniel Millimet ✡️🇺🇦

@dlmillimet

8,886

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Robert H. & Nancy Dedman Trustee Prof of Econ at @SMU , husband, son, proud papa, baseball junkie. Blue Sky: @dlmillimet .bsky.social.

Southlake, TX

https://t.co/gS3fS2jDIZ

Joined July 2012

Don't wanna be here? Send us removal request.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

More personal news! Last week our second born turned 18. The he got his voter registration. Now, today, he committed to @VassarBaseball where he will spend the next four years of his life in pursuit of his academic and athletic dreams! 🙏 #proudpapa

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@kamatamiwa

@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Confirmed from our synagogue that it is over. Hostages are safe. 🙏

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Writing an economics paper be like

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

New book came today. I shall read right away. No chance it will just go on the shelf to make me feel smarter. 😎

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

@plwarre “It’s only romantic if people died over them”

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Your periodic reminder to not ignore endogenous controls because they are not "of interest". The may bias may affect the estimates of the parameter "of interest" even if that covariate is exogenous.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Covering a common theme I like to harp on in econometrics in class today. Related to IV. Say the model is y = a + b1*x1 + b2*x2 + e, where x1 and x2 are endogenous, b1 is the "parameter of interest", and z is a valid IV for x1 in the usual sense. You do not have an IV for x2.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Today a current PhD student I’m advising threw in the towel. I rejoiced! No, it’s not what you think. He came to the realization that he can get his dissertation done faster in @Stata and he has abandoned R. Sometimes you gotta let ‘em fail so they’ll come to the light.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

So 1. Winners curse 2. Asymmetric info 3. External validity All things you learn in economics but probably not in data science. Get an Econ degree!

@marktenenholtz

Mark Tenenholtz

@marktenenholtz

2 years

Zillow’s home buying business lost them $500,000,000, 25% of their stock value, and 25% of their workforce. How did this happen to a company with so much data on housing prices? Bad model evaluation. Here’s the fatal error they made that you must avoid when deploying models🧵

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@dlmillimet

Daniel Millimet ✡️🇺🇦

9 months

@Catherineoscopy @HowardAdelman2 @louieeckhardt Lemme say that obv disc sucks. But the wage gap alone is not evidence something is wrong. Presumably VC should pay what the market dictates. Different disciplines have their own market. You are worth what it costs to replace you if you quit. Economists have many outside options.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

I have a joke about RCTs, but only some of you get to hear it

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@dlmillimet

Daniel Millimet ✡️🇺🇦

1 year

For those who don't want to spend the time teaching themselves, there are 6 critical things to know about measurement error. 1. Classical ME in Y leads only to imprecision. Classical ME in X leads to attenuation bias. 2. The vast vast majority of ME is not classical.

@dlmillimet

Daniel Millimet ✡️🇺🇦

1 year

Embracing measurement error is not only good science but also great for developing research topics! 🙌

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Has anyone written the companion piece for old economists?

@marcopiovesan

𝙼𝚊𝚛𝚌𝚘 𝙿𝚒𝚘𝚟𝚎𝚜𝚊𝚗

3 years

A must read:

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

@KhoaVuUmn You’re not dept chair (yet), so I’ll forgive you … but the person who knows everything going on in the dept is the admin!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

1 year

Protip for those teaching applied econometrics (as well as both complementing and offending another field) ... poli sci journals have lots of great metrics method articles that are "dumbed down" in the sense that they explain the basics in great detail w/o getting sidetracked w/

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

Professional news: I am thrilled to be named the Robert H. and Nancy Dedman Trustee Professor @SMU ! Very thankful to all my wonderful colleagues in the @SMUEconDept and @SMU , as well as the many mentors who helped me over the (gulp!) decades. Time to keep paying it forward! 🙏

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Daniel Millimet ✡️🇺🇦

2 years

Gotta love Manski!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

I am beyond excited that people seem interested in my econometric factoids! So, here is another episode of "How the Sausage is Made" on IV, following up on my previous thread. This thread contains another reason why (i) IV is finicky and (ii) weak instruments make it worse.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

PhD student encountering their first weather-related IV

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

I successfully reshaped twice in a row without looking at the help file. This day has unlimited possibilities.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Thanks to all who have followed, replied, and reached out. I love my Twitter community. Don’t know anything more other than the hostages are physically unharmed. I don’t know the congregants, but Rabbi Charlie has been our rabbi for a long, long time and is a great person.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

#EconTwitter After a long hiatus, I decided I cannot stop thinking about econometrics and am announcing the resumption of my blog #EconometricSausage . Motivated today by @jmorenocruz ❤️!!! New post is called "Dig a Little Deeper". Thanks for reading!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

#econtwitter An offer to anyone, but esp PhD students planning on being on the market next year or juniors ... if anyone wants to send me paper drafts for comments, please do! I don’t care how unpolished. Can’t guarantee they will be good comments, but it will help motivate me!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

Deep thoughts during my commute home today: "All models are wrong, but some are published."

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

So, I've decided to call my psuedo-blog on #EconTwitter about random econometric factoids "How the Sausage is Made". It will be me sharing (hopefully correct) tidbits that I think most applied types are unaware and may be of use. A bit of insight into "how the sausage"

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Econometrics twitter has many internal battles. But, can we all agree that survey weights suck?

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

@KhoaVuUmn “The State of Women in Economics”

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Had a great day yesterday, receiving a wonderful surprise. Flattered to receive this award! Definitely appreciate all the support of my colleagues and @SMU during my time here. It has been a wonderful institution to spend my entire career at (not that I'm retiring anytime soon!).

@SMUEconDept

SMU Economics

2 years

Congrats to our chair, Prof. @dlmillimet , who was named the @SMUDedman 2022 Dedman Family Distinguished Professor! The award recognizes his contributions over the past 2+ decades to @SMU in terms of research, teaching, and service. #PonyUp

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Daniel Millimet ✡️🇺🇦

3 years

Life as a PhD student: How it started. How it’s going.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

There is an person with a gun and claims of a bomb inside my synagogue. Ongoing.

@ColleyvillePD

Colleyville Police

2 years

We are currently conducting SWAT operations around the 6100 block of Pleasant Run Rd. All residents in the immediate area are being evacuated. Please avoid the area.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

The delta method is awesome. It is also used in most @stata nonlinear test commands. However, most people - I suspect - don’t understand how it works. Let me tell you…

@ChrisSeveren

Christopher Severen

3 years

It finally happened. I used the delta method irl.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

I agree. I tried for a while when I was young to get into NBER. Went every summer. Presented. Discussant. Never a peep. I’m not much of a networker. Was very bitter. I let it go eventually. Sort of. Don’t go any more. Don’t really care to. I’ve learned to be be comfortable in my

@BerkOzler12

Berk Özler

4 years

As NBER recently finished its summer institute and BREAD is announcing its upcoming conference, let's discuss how "insane" it is that these two important institutions in economics do not have open and transparent criteria for membership/affiliation.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

I'm afraid that many applied researchers will tune this point out bc they haven't learned DAGs and/or do operator. But the point here is HUGE and can be explained easily to those who use OLS. DO NOT IGNORE THE ENDOGENEITY OF CONTROLS JUST BC THEY ARE NOT YOUR OBJECT OF INTEREST.

@PHuenermund

Paul Hünermund

3 years

Always amazing to me that P(y|do(x)) is not identifiable in this graph

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

When you are an (applied) econometrician at a theory seminar

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

At ASSA: Interviewer asked me “Why should we care about the effects of kids on female labor market outcomes? My wife stayed home with our kids and was happy.” 🤦🏻‍♂️ I do remember the other interviewer was equally mortified.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

PhD student presenting a paper with Heckman as a a coauthor

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@dlmillimet

Daniel Millimet ✡️🇺🇦

1 year

This is all excellent advice. I will reemphasize FINISH PAPERS. Being smart is necessary but not sufficient for tenure. Unfortunately you need to prove it with pubs and you cannot pub w/o submitting. Many smart people have not succeeded in academia (if that’s your goal) bc

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

I have been writing academic papers for nearly 25 years. Today I spent 3 hours and revised 3 paragraphs in the introduction of a paper. And I still don't really like it. Writing takes a LOT of time. Don't underestimate it. Don't skimp on it.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

@causalinf @christopherruhm This is what Manski has been teaching and writing about for decades. @JohnMullahy can confirm. In his book he talks about how politicians need to be able design policy based on partially identified parameters but they don’t; they prefer certainty even if certainly wrong.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 months

AEA is now charging $15/pg to authors to publish papers. With all the money I save by not publishing there, I can renew my Stata license.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

#EconTwitter This week's blog post on #EconometricSausage is now available. It is called "Horseshoes and Hand Grenades" Plus, a little something extra for @PHuenermund Enjoy! Peace. Justice. Health. Some leadership (and elections)! ❤

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

If this were Stata, it would be driving

@MLCheng3

Matt Cheng

3 years

When it’s time to go home but your code isn’t done running. #RStats

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

Macroeconomists hate reality Microeconomists hate unobservables Econometricians hate OLS

@toxicologist12

Andrew Stolbach, MD, MPH

@toxicologist12

4 years

Dermatologists hate the sun. Pediatricians hate trampolines. ENTs hate Q-tips. What is the mortal enemy of other specialties?

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Daniel Millimet ✡️🇺🇦

2 years

Xmas Eve lovin’

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Daniel Millimet ✡️🇺🇦

3 years

Watch this and then there is no need to take a labor economics class 😁

@therecount

The Recount

3 years

“Pay them more.” — President Biden whispers in response to questions about worker shortages.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

@mcuban Respectfully disagree on the racist part. Fox can distort views on policies, etc., but cannot distort the words that come directly from Trump. He reveals his racism directly. And if you are ok with it, then you too are racist.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

11 months

#EconTwitter I have no idea if this site still works, and if anyone is listening, but ... @SMUEconDept will be hiring THREE tenure-track positions this year. Ad coming soon! Reach out to myself or any others to find out how cool we are (well, not in the summer)!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Happy to see @jondr44 's paper finally out. It's an important reminder that, in any context, if you condition your choice of estimator based on the result of a prior spec test, you end up with a new estimator: θ_3=I(fail test)*θ_1+I(pass test)*θ_2 with different properties! Poof

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

#EconTwitter It's officially summer and I have a new blog post on #EconometricSausage called "Can't Hack It". Appearances by several twitter stalwarts: @markeschaffer @causalinf @jmwooldridge @jondr44 and an ode to @PHuenermund . Thanks for reading!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

As dept chair, this is how I shall send my faculty off to the classroom this fall!

@PHuenermund

Paul Hünermund

3 years

Germans are intense 😳

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

@DinaPomeranz How about not even after reading it either?

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

#EconTwitter #Econjobmarket For transparency, we received 465 job applications for our (one) junior position. We are in the process of contacting individuals chosen for first round interviews. As always, it is fascinating being on this side.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 months

“And then he said since all measurement error is classical, the estimate is a lower bound…”

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

The only downside is that when you wear something this cool, no one will be able to stay 6 feet away from you! 🤷‍♂️

@priyavshan

Priya V. Shanmugam

4 years

your move, R.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

For @Stata peeps!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

First child is now officially off to college. Just left with mom. 😔 😊 @UChicago , please take good care of my baby! 🤞

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

I’m am pleased to report that I was notified of an editor’s decision on a paper I recently referred for JPE. The letter notes that that JPE is making a concerted effort “to raise the bar”. So, all you jokers that got your papers published there before now dodged a bullet! 🙄

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

#EconTwitter This week's blog post on #EconometricSausage is now available. Happy Saturday! The post is called "Different, but the Same" at A little something extra in there for @causalinf , @pedrohcgs , and especially @PHuenermund . Hope you like!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

@washingtonpost Many cults become violent when members try to defect

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

Thought of the day: universities feel compelled to makes profs go through hrs of training to teach online but no one ensures profs know how to teach in person. I know 🤫

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

I have been publishing for a long time. I have been on editorial boards for a long time. I have tenure. There is a pandemic. All that said, I am VERY annoyed (as are my coauthors) how slow some journals are in making a first decision. Just brutal. Do better.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

#EconTwitter This week's blog post on #EconometricSausage is now available. It is called "It's a Sign" h/t @AustnNchols Enjoy! Peace. Justice. Health. And some leadership! ♥️

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Seminar attendant at UChicago when the title slide appears

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

#EconTwitter This week's blog post on #EconometricSausage is now available. It is called "Don'tTaunt Me" h/t @mattmasten @ProfEmilyOster @RustyTchernis (and @PHuenermund 😉) Enjoy! Peace. Justice. Health. Coverage for pre-existing conditions! ❤

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

@derektmuller Faculty #10 (over from sociology): "You know, we bake cakes too"

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

@BleacherReport They’re going to have to trade him. He apparently didn’t get the memo that they want to lose.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

Referee 2 thinking they are making things better

@GregBDavies

Greg B Davies

5 years

When you hire external consultants to speed up your processes...

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

Seriously?!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Live footage of a PhD student too scared to point out their advisor’s mistakes

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

So, I just found out that I am presenting at the Econometric Society European meetings at 3am my time. How's your morning going?

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

Imputation = I didn’t have any data so I made it up. Multiple imputation = I made it up lots. Data augmentation = I didn’t have any data so I made it. Bayesian style.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Live look at PhD students coming to a departmental brown bag when lunch is provided

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

I have an R joke. How much time do you have?

@lucyferr85

Lucia Ferrone 🇪🇺 🏳️‍🌈

4 years

I have a @Stata joke but the syntax is invalid

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Kiddo was officially admitted to @Vassar today!! So happy for @yasher_millimet !!

@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

More personal news! Last week our second born turned 18. The he got his voter registration. Now, today, he committed to @VassarBaseball where he will spend the next four years of his life in pursuit of his academic and athletic dreams! 🙏 #proudpapa

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

If they’re not impressed, it’s likely because the same thing could have been done in 2.5 minutes in @Stata 😂 🍻

@AndrewBarnas

Dr. Andrew Barnas

3 years

Spending too long on R code and then trying to explain to someone just how much work went into it

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Daniel Millimet ✡️🇺🇦

3 years

@Stata reshape wide

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

Propensity score matching is like "I know a spot," but it only looks like a spot Instrumental variables is like "I know a spot," but it's always rainy Partial identification is like "I know a spot," and it's somewhere around here

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

How are we not yet extinct?

@RexChapman

Rex Chapman🏇🏼

5 years

holy sh*t💪😏🔥

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Just scheduled my first vaccine shot for tomorrow! Woo hoo!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

asst prof, PhD student, endowed chair, dept chair

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Really cool thing came in the mail from ⁦ @AAEA_Economics ⁩ in recognition of my paper with ⁦ @ikmcdonough ⁩ from last year! 🙏

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@dlmillimet

Daniel Millimet ✡️🇺🇦

8 months

#EconTwitter I have a new @iza_bonn WP with my colleague Hao Dong. Some might find it shocking, but I really like the paper. A 🧵 "Embrace the Noise: It Is OK to Ignore Measurement Error in a Covariate, Sometimes"

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

But, a VERY imp PSA to JMCs IMHO (lots of acronyms!) ... If your JMP uses DID, you best be tooled up on the latest developments, which have come fast and furious. To me, it is not a good signal if you are using DID and there is no mention of all the new work in the last 5 yrs.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

Someone told me that we shouldn’t care about the effects of children on female labor market outcomes (my JMP) bc his wife stayed home to raise their kids and she was happy. 🤷

@StockMarketDrip

Stock Market Drip💧

@StockMarketDrip

4 years

What was your worst experience while on a job interview?

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Interesting retraction in J Finance. Aside from the retraction itself (and the prize), the authors are happy to assign blame for the retraction.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Tell me why any rational agent would prefer column 2? (Pls don’t tell me)

@Dan_M_Sullivan

Daniel M. Sullivan

@Dan_M_Sullivan

3 years

My Stata-to-Python translation page has been updated to include a few more concepts, like 'tab' and 'bysort'. Thanks to everyone who provided feedback.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Apparently the forecasting book didn’t help 🤷‍♂️

@sirdeh

Sirus Dehdari

3 years

When two economists marry

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 months

Tired of reading the latest in the slog of DID papers? Check out (something useful 🙃) on modeling zeros by the great @JohnMullahy !

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Why Transform Y? The Pitfalls of Transformed Regressions with a Mass at Zero*

Applied economists often transform a dependent variable that is non-negative and skewed with the natural log transformation, the inverse hyperbolic sine transformation, or power function. We show...

onlinelibrary.wiley.com

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

So, this is happening. I will need #EconTwitter to begin stockpiling funny memes and cute pics of animals. 🤷‍♂️

@SMUEconDept

SMU Economics

5 years

The Department is pleased to announce that Prof. Daniel Millimet ( @dlmillimet ) will serve as the next department chair beginning August 1, 2020. At that time, Prof. Santanu Roy will conclude 6 years at the helm. We owe him a great thanks for his exemplary leadership. #PonyUp

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

#EconTwitter Guess what? It's summer. In an effort to avoid work, I started my econometrics blog, instead of just doing twitter threads! It is now available (I think!) at And I posted my twitter threads from earlier in the semester. I hope it's useful!

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

If there is one thing I have to come to learn as dept chair it’s that it is never too early for a drink.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Today in class I taught students how to *reshape* in @Stata without using the help manual. Where’s my Nobel prize?

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

@jmwooldridge Exactly. I tell students not to let Stata drop something for you. If it does, figure out why, drop something yourself, and then reestimate the model.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

@venturecommunis @RBReich It is, but only the “right” lives

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

#EconTwitter This week's blog post on #EconometricSausage is now available. It is called "The Human Element" h/t @mileskimball @Andrew___Baker @jondr44 Enjoy! Peace. Justice. Health. ♥️

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@dlmillimet

Daniel Millimet ✡️🇺🇦

2 years

Getting a PhD be like

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@dlmillimet

Daniel Millimet ✡️🇺🇦

4 years

Step 1. Open @Stata .

@econ_garcia

Dr. Monica Garcia-Perez

4 years

Good recommendations on how to start learning R.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

Booked my 2nd vaccine shot for next Tuesday 🙏

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@dlmillimet

Daniel Millimet ✡️🇺🇦

5 years

Without inviting snarky comments on IV, does anyone else view the credibility of instruments as non-monotonic in their strength? If the IV is weak, the results are suspect. If the IV is very strong, then it is hard to imagine that it’s not corr w/ the source of endogeneity.

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@dlmillimet

Daniel Millimet ✡️🇺🇦

3 years

My wife just got a text to get the vaccine tomorrow!!!

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