The American Economic Association is a non-profit, non-partisan, scholarly association dedicated to the discussion and publication of economics research.
2020 AEA Election results: Congratulations to President-elect Christina Romer, VPs Kerwin Kofi Charles and
@ShellyJLundberg
, and members
@Econ_Sandy
and Emi Nakamura!
Forthcoming in the JEL: "Graduate Student Mental Health: Lessons from American Economics Departments" by Valentin Bolotnyy, Matthew Basilico, and Paul Barreira.
Forthcoming in AEJ: Applied Economics: "Will Studying Economics Make You Rich? A Regression Discontinuity Analysis of the Returns to College Major" by Zachary Bleemer and Aashish Mehta.
Econ PhDs are struggling with symptoms of anxiety and depression at rates more than twice that of the general population, says
@vbolotnyy
of
@Stanford
. We spoke with him about why that is and what can be done about it.
#ResearchHighlight
Forthcoming in the AER: "Intergenerational Mobility of Immigrants in the US over Two Centuries" by Ran Abramitzky, Leah Boustan, Elisa Jácome, and Santiago Pérez.
We spoke with John Bates Clark Medalist Melissa Dell about the through line to her research, the insights she’s gained from first-hand experience, and what advice she has for young economists. Check out the interview here
#ResearchHighlight
Political corruption isn’t just bad governance. It may also erode ethical standards in the rest of society,
says
@Nicolas_Ajz
of
@FGV
. In today’s
#ChartOfTheWeek
, he looked at the impact of local malfeasance on cheating rates in schools.
Italians who watched a lot of entertainment TV as children were less civic-minded as adults and more vulnerable to populist rhetoric. Coming soon to AER.
Many Indian workers are willing to forgo sizable wages to avoid doing tasks that aren’t consistent with their caste, says
@suannaoh
of
@PSEinfo
. Her findings illustrate an important connection between identity and labor markets.
#Chart
The children of immigrants climb the income ladder faster than kids with US-born parents, especially among the poorest families. This is as true today as it was a century ago, say Ran Abramitzky,
@leah_boustan
,
@elisajacome
, and
@seperez84
#ChartOfTheWeek
Forthcoming in the AER: "Synthetic Difference in Differences" by Dmitry Arkhangelsky, Susan Athey, David A. Hirshberg, Guido W. Imbens, and Stefan Wager.
Economic models miss a lot about how racial discrimination affects our world. Sociology can help economists broaden their perspective, says
@MarioLuisSmall
in today's
#ResearchHighlight
.
Forthcoming in the AER: "The Intergenerational Effects of a Large Wealth Shock: White Southerners after the Civil War" by Philipp Ager, Leah Boustan, and Katherine Eriksson.
When news about local corruption broke in Italy, shoppers became more likely to steal from supermarkets, demonstrating the contagious effect of bad behavior, say researchers at
@unitorvergata
and
@UNSW
.
#Chart
Forthcoming in the AER: "The Long-Run Effects of Childhood Insurance Coverage: Medicaid Implementation, Adult Health, and Labor Market Outcomes" by Andrew Goodman-Bacon.
Inequality is worse than economists previously thought, according to
@annette_als
, Niels Johannesen, and
@gabriel_zucman
. Their work in today's
#ChartOfTheWeek
shows how much standard measurements are off when tax evasion is taken into account.
Switzerland saw a large surge in skilled foreign workers after opening its border to the EU. But contrary to standard models, it boosted the wages of highly educated natives, say researchers at
@ETH_en
and
@ucdavis
#ChartOfTheWeek
Twenty years ago, economists rarely shared their data or code. Now, research transparency transparency is becoming a professional norm, says
@tedmiguel
in today's
#ChartOfTheWeek
Homes in London neighborhoods hit by cholera 160 years ago still sell at a discount today. The reasons might offer insights into why cities have lasting pockets of poverty, according to a paper coming soon to AER
Forthcoming in the AER: "Closing the Gap: The Effect of Reducing Complexity and Uncertainty in College Pricing on the Choices of Low-Income Students" by Susan Dynarski, C. J. Libassi, Katherine Michelmore, and Stephanie Owen.
Forthcoming in the AER: "Multi-Generational Impacts of Childhood Access to the Safety Net: Early Life Exposure to Medicaid and the Next Generation's Health" by Chloe N. East, Sarah Miller, Marianne Page, and Laura R. Wherry.
Forthcoming in the AER: "Aggregating Distributional Treatment Effects: A Bayesian Hierarchical Analysis of the Microcredit Literature" by Rachael Meager.
Only around a third of economics majors are women. One way to encourage more women to enter the field would be to provide female role models, say
@EconCath
and
@danilaserra_eco
in today's
#ChartOfTheWeek
The skills that a workforce picks up on the job may be nearly as important for economic development as the skills acquired in the classroom, say economists at
@GWUEconomics
,
@BostonCollege
, and
@WorldBank
.
#Chart
Remote instruction over the pandemic led to worse than expected growth in reading and math scores, especially in high-poverty school districts, say researchers at
@caldercenter
,
@hgse
,
@NWEA
, and
@dartmouth
.
#Chart
Low-income children in Florida whose families received health insurance coverage from a Medicaid expansion in 1990 were significantly less likely to go to prison as an adult, say researchers at
@UHouston
,
@UTKnoxville
, and
@TAMU
.
#Chart
Forthcoming in AER: Insights: "Enforcing Wealth Taxes in the Developing World: Quasi-Experimental Evidence from Colombia" by Juliana Londoño-Vélez and Javier Ávila-Mahecha.
Forthcoming in the AER: "Organized Crime and Economic Growth: Evidence from Municipalities Infiltrated by the Mafia" by Alessandra Fenizia and Raffaele Saggio.
Forthcoming in the AER: "Revealing Stereotypes: Evidence from Immigrants in Schools" by Alberto Alesina, Michela Carlana, Eliana La Ferrara, and Paolo Pinotti.
Congratulations to AER editor Esther Duflo and Abhijit Banerjee of
@MIT
and Michael Kremer of
@Harvard
on winning the
@NobelPrize
in Economic Sciences! Read more here:
When a new political party takes power, replacements to top government positions and beyond often follow. But such turnover can have detrimental effects on the quality of public services, say Mitra Akhtari, Diana Moreira, and Laura Trucco.
#ChartOfTheWeek
Forthcoming in the AER: "Methods Matter: P-Hacking and Publication Bias in Causal Analysis in Economics" by Abel Brodeur, Nikolai Cook, and Anthony Heyes.
A few journals play an outsized role in the careers of young economists, even after controlling for quality. The pressure to publish in the top five may be hurting the profession, say
@heckmanequation
and Sidharth Moktan of
@hceconomics
#ChartOfTheWeek
Giving cash to poor families helped alleviate stunting in Indonesian children. We spoke with
@rema_nadeem
of
@Kennedy_School
about her research on conditional cash transfers and why it’s been hard to determine their long-run impact.
#ResearchHighlight
Forthcoming in the AER: "The Nurture of Nature and the Nature of Nurture: How Genes and Investments Interact in the Formation of Skills" by Mikkel Aagaard Houmark, Victor Ronda, and Michael Rosholm.
Working alongside a friend leads to significant declines in productivity, even if worker wages are cut as a result of poor performance, according to Sangyoon Park of
@HKUFBE
#ChartOfTheWeek
Forthcoming in AEJ: Economic Policy: "The Economic Consequences of Being Denied an Abortion" by Sarah Miller, Laura R. Wherry, and Diana Greene Foster.
There’s not a lot evidence that prestigious colleges produce better educated graduates, but they can still boost earnings, says Sheetal Sekhri of
@UVAEcon
#ChartOfTheWeek
Forthcoming in the AER: "Creating Moves to Opportunity: Experimental Evidence on Barriers to Neighborhood Choice" by Peter Bergman, Raj Chetty, Stefanie DeLuca, Nathaniel Hendren, Lawrence F. Katz, and Christopher Palmer.
US universities lead the world in research, but their ascendancy started earlier than many people believe. We spoke with
@m_urquiola
about which schools propelled them to the top and what policymakers can learn from that history.
#ResearchHighlight
Being promoted to a top job increases the probability of divorce for women, but not for men. The effects seem to be driven by how career advancement relates to traditional gender norms, say
@OlleFolke
and
@johannarickne
in today's
#ChartOfTheWeek
Forthcoming in the JEL: "Potential Outcome and Directed Acyclic Graph Approaches to Causality: Relevance for Empirical Practice in Economics" by Guido W. Imbens.
Toxic rhetoric on social media can have real-world consequences, say researchers at
@NUSBizSchool
and
@Unibocconi
. They found that higher Twitter use helped to amplify an increase in anti-Muslim hate crimes after the 2016 presidential primaries.
#Chart
Economists have documented a substantial long-run rise in US income inequality. But a large portion of it may be a shift in how the richest individuals report their earnings, say researchers at
@columbia_econ
and
@ChicagoBooth
.
#ResearchHighlight
Recession-induced cuts to school spending had lasting ill-effects on test scores and college enrollment, especially in states where schools rely more heavily on state aid, say
@KiraboJackson
,
@cjlwig
, and Heyu Xiong
#ChartOfTheWeek
Enrico Moretti of
@berkeleyecon
says inventors are more productive when surrounded by other top talent in their field. We spoke with him about agglomeration economies and why they'll remain important in a post-pandemic world of more remote work.
Forthcoming in the AER: "How Research Affects Policy: Experimental Evidence from 2,150 Brazilian Municipalities" by Jonas Hjort, Diana Moreira, Gautam Rao, and Juan Francisco Santini.
Forthcoming in the AER: "The Causal Interpretation of Two-Stage Least Squares with Multiple Instrumental Variables" by Magne Mogstad, Alexander Torgovitsky, and Christopher R. Walters.
Forthcoming in the AER: "Local Economic and Political Effects of Trade Deals: Evidence from NAFTA" by Jiwon Choi, Ilyana Kuziemko, Ebonya Washington, and Gavin Wright.
Forthcoming in the AER: "Political Turnover, Bureaucratic Turnover and the Quality of Public Services" by Mitra Akhtari, Diana Moreira, and Laura Trucco.
Forthcoming in the AER: "Tax Administration vs. Tax Rates: Evidence from Corporate Taxation in Indonesia" by M. Chatib Basri, Mayara Felix, Rema Hanna, and Benjamin A. Olken.