David Weinstein Profile
David Weinstein

@deweinstein

Followers
667
Following
77
Media
11
Statuses
76
Explore trending content on Musk Viewer
@deweinstein
David Weinstein
4 years
I came across this Japanese poster promoting masks to protect people against the 1918 flu pandemic. America is just beginning to inform its citizens about masks. It's a good example of how a century of public health education paid off in Japan.
Tweet media one
4
59
155
@deweinstein
David Weinstein
3 years
The NBER Japan Project Meeting is scheduled for December 16-17, 2021 in Tokyo. If you have a paper on Japan, please submit it by July 8 here:
0
14
39
@deweinstein
David Weinstein
2 months
There is a fun video in Japanese () that just came out explaining the main points of a recently released paper with Reka ( @juhreka13 ) and Shogo on the globalization of the Industrial Revolution ()
1
15
41
@deweinstein
David Weinstein
3 years
I'm looking to hire a research assistant ("Staff Associate") for a two-year position doing lots of interesting work. People use the position as a stepping stone to econ PhD programs. If that's your dream, apply!
0
13
38
@deweinstein
David Weinstein
4 years
This piece is so on the mark, it could have been written by an economist (with a sense of humor, if that’s possible...)
0
2
25
@deweinstein
David Weinstein
3 years
I was very sorry to hear about the passing of Peter Neary. He was a gentleman and a scholar. Witty and brilliant. I will remember fondly our many dinners together.
0
0
23
@deweinstein
David Weinstein
11 months
@econ_ra I'm looking to hire a predoc starting next summer to work for me on papers related to trade, finance, macro, and development. It's a great opportunity to hone programming skills and learn how economics research is done. You can apply here:
0
7
11
@deweinstein
David Weinstein
4 years
A friend shot this picture of a Tokyo subway. Japan's high density, early exposure, elderly population, minimal lockdown, lack of testing, and extremely low mortality rate is a puzzle I can't explain. Is it masks? hygiene? bowing instead of shaking hands? We're missing something.
Tweet media one
0
1
14
@deweinstein
David Weinstein
3 years
This is an important insight that is both true and not obvious. Co-authoring is not about comparative advantage via @TradeDiversion
0
0
13
@deweinstein
David Weinstein
3 years
There's a quiet functionality in Japan that people often miss. For example, Japan's COVID death rate is 6-10 percent that of Europe and the US; the long-run growth rate of GDP per work hour is comparable; and unemployment (and crime) rates are low.
1
4
13
@deweinstein
David Weinstein
4 years
Comparing ourselves to Europe may understate how much we've mismanaged the epidemic. Using deaths per capita instead of cases and including Japan (where there was little testing, but masks were distributed to every household) gives a clearer picture of the counterfactual
Tweet media one
@paulkrugman
Paul Krugman
4 years
This is the chart that I think best captures the extent of the US debacle. It adjusts both for population and for the fact that the US surge started later. And it's damning
Tweet media one
263
4K
8K
2
4
12
@deweinstein
David Weinstein
4 years
After imposing mask requirements, the number of daily new COVID19 cases in New York City (329 on 8/8) fell to almost the same level as that in Tokyo (331). So when Americans wear masks, they avoid COVID19 just like the Japanese.
0
1
13
@deweinstein
David Weinstein
4 years
Fascinating paper showing that mask-wearing explains international Covid-19 infection rates theoretically and empirically. Best explanation I've seen for why Asia (plus Slovenia and Slovakia) did so much better than Europe and America. See
Tweet media one
0
8
12
@deweinstein
David Weinstein
3 years
This is very nice piece explaining why the Israeli data does not show declining vaccine efficacy after controlling for age and vaccination rates.
0
2
10
@deweinstein
David Weinstein
4 years
New paper Chernozhukov, Kasahara, and Schrimpf shows that if the US had just mandated masks for employees on April 1, the US would have reduced Covid-19 deaths by 30-57 thousand by the end of May. Not bad for a policy that is almost costless.
0
8
8
@deweinstein
David Weinstein
4 years
The WSJ’s argument for defunding the WHO: “The WHO...wastes money pro­mot­ing gov­ern­ment-run health care and at­tack­ing to­bacco com­pa­nies." Clearly, an organization that attacks big tobacco in the interest of public health has gone way too far.
0
1
7
@deweinstein
David Weinstein
4 years
@TradeDiversion Interesting. My sense after reading Barry’s history of the 1918 pandemic is that the US response was uncoordinated and inconsistent, which, as you point out, is like today. He gives lots of examples of experts pleading with gov’t officials who didn’t listen.
0
2
6
@deweinstein
David Weinstein
4 years
U.S. citizens are now officially persona non grata in most of the world. Source
Tweet media one
0
0
5
@deweinstein
David Weinstein
4 years
Germany Has Relatively Few Deaths From Coronavirus. Why? We need to better understand why some countries—-especially those in Asia like Japan, Taiwan, and Korea—-have this far avoided the fates of the US and much of Europe.
0
0
4
@deweinstein
David Weinstein
5 years
Interesting paper that shows layoffs shave 1-1.5 years off a displaced person's life on average. Has anyone estimated whether net US mortality will go up or down if we stop COVID-19 at a cost of 5 million layoffs?
0
1
3
@deweinstein
David Weinstein
4 years
Of countries with good reporting of mortality from the 1918 flu, deaths per 1000 people were Italy, 10.6; Spain, 8.3; England, 5.8; US, 5.2; Japan 4.5. Why was Japan so low? Japan's Gov't pushed free masks and inoculation fast. Source:
0
1
3
@deweinstein
David Weinstein
4 years
Interesting piece on why the US COVID death rate is 60 times higher than Japan.
0
0
1
@deweinstein
David Weinstein
4 years
@JonSteinsson No, just time to move back to NYC.
0
0
2
@deweinstein
David Weinstein
4 years
@JonSteinsson pointed me to some studies (one done by my former student Maxim Pinkovskiy) showing that BCG vaccines are not the explanation for international differences in infection rates: and
0
0
2
@deweinstein
David Weinstein
4 years
Interesting paper by Tsutomu Watanabe shows how COVID19 is affecting sectors differently in Japan using credit card data
Tweet media one
0
1
2
@deweinstein
David Weinstein
5 years
Some interesting results from my colleague Vishal Misra on Trump’s tariffs and consumer prices:
0
1
2
@deweinstein
David Weinstein
4 years
Really interesting paper suggesting that countries that had mandatory BCG vaccinations (against tuberculosis) have much lower COVID-19 death rates ()
Tweet media one
0
1
2
@deweinstein
David Weinstein
3 years
We show how to use stock-market event studies to evaluate the welfare impacts of policies. Markets expect the US-China trade war to have a much bigger impact on US welfare than standard models suggest
@cepr_org
CEPR
3 years
New CEPR Discussion Paper - DP16093 Trade Protection, Stock-Market Returns, and Welfare Mary Amiti @NewYorkFed , Sang Hoon Kong @columbia_econ @Columbia , David Weinstein @deweinstein @columbia_econ @Columbia #CEPR_ITRE
Tweet media one
0
0
1
0
0
1
@deweinstein
David Weinstein
6 years
@rodrikdani In the paper, we argue that the reason is that in the short run, export prices are fixed.
1
0
1
@deweinstein
David Weinstein
4 years
The puzzle continues: even excess deaths in Tokyo (yellow line) show no increase in 2020:
Tweet media one
0
0
1
@deweinstein
David Weinstein
4 years
The black swan is here (in Hyde Park)
Tweet media one
0
0
1
@deweinstein
David Weinstein
4 years
Chinese study of all 318 outbreaks b/n 1/4/20 and 2/11/20 with 3 or more confirmed infections found home transmission was involved in 80% of infections, public transportation, 34%; 0.3% happened outdoors. Note that outbreaks can arise from multiple sources
0
1
1
@deweinstein
David Weinstein
4 years
Interesting website showing Imperial College London's estimates of R0 by state. Good news (mostly) for the Northwest and Northeast. Bad news for Southern and Midwestern states.
Tweet media one
0
0
1