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Sorry to hear this news...at JPE-Micro if the Editor takes longer than 45 days to make a decision they are fined $500. Yes, $500. I just paid the first fine, but over 100 submissions in total so far and only one fine paid! I like this clawback system and so do the authors!

"We have received 312 submissions in the 10 months between mid-February, when the journal began accepting submissions, and the end of 2022. The average time to first decision is less than 30 days (28.6 days), and more than two-thirds of submissions were sent out for review."

Hi #Econtwitter, I'd like to share the slides from the PhD Applied Econometrics course I just had the privilege to teach at Berkeley Agricultural and Resource Economics Regression & causality, selection on observables, panel data, IV, RDD --- usual topics but hopefully in a modern way github.com/borusyak/are213

JPE:Micro update time. Here is our 2023 summary: There were 382 submissions in 2023 (up 25% from 2022). The average time to first decision was 33 days; median was 32 days. In total: 15% first round R&R; 29% desk reject; 56% reject with reviews. Below is an ocular look at

.UChicago Economics' Michael Greenstone was named the 2024 Distinguished Lecturer for the American Economic Association's Annual Meeting, discussing "The Economics of the Global Energy Challenge". The lecture can be watched here: #ASSA2024

Cognitive behavior therapy alone, & therapy w/ $ assistance, produce dramatic reductions in antisocial behaviors, w/ greatest impacts among high-risk men. The effects of therapy alone are smaller & more fragile. Harris Policy's Chris Blattman & coauthors. bfi.uchicago.edu/insight/resear…

In latest @CapAndFreedom ep, Steve Levitt talks his career & retiring as The University of Chicago prof while still leading RISC & Freakonomics. We talk applied economics, Chicago econ dept (price theory failure, macro success, personalities), Freakonomics origin & more podcasts.apple.com/us/podcast/ste…

For decades, this curve summed up the mainstream understanding of inequality within a country. However, recently, this curve has been the source of a fierce debate. Here's the breakdown:

Wow, impressive!!! My morning attempt using martingale theory only...

Since this is doing the rounds: this was not a Stata error. This was an econometrics error. You can’t include time FE in an event study. Should Stata run an error message whenever a reg has two colinear vars? Tbh I don’t want it to have that feature.

Thinking carefully about variables and variation doesn’t just apply to FEs. Consider the following: y = a + b*hhsize + c*adults hhsize is household size and adults is adults in the household. What is the interpretation of b? What about c? Real example from a paper I reviewed.

Nightlights struggle to capture GDP in agricultural areas. Luckily, we now have better pixel-level proxies for agricultural GDP. Here's the breakdown (in simple terms):

Done another semester teaching causal inference🙂. Updated my course slides, added survival data, labs, corrected more typos this time. Close to 800 pages now. Always more to update next year. www2.stat.duke.edu/~fl35/CausalIn…

Just gave a guest lecture on Bayesian Causal Inference at Williams College, with slides and R code at doi.org/10.7910/DVN/JO… which is an introduction to our review paper royalsocietypublishing.org/doi/10.1098/rs… Fabrizia Mealli Fan Li (I never taught any Bayesian Statistics at Berkeley.)

[Download 400-page PDF eBook] Linear Models in #MachineLearning and Statistical Learning: arxiv.org/abs/2401.00649 ————— #Mathematics #DataScience #LinearAlgebra #Statistics

🔥 #EconTwitter Check out my new paper on #DifferenceinDifferences, exploring the testability of the common trend assumption in panel data without requiring multiple pre-treatment periods for placebo tests: arxiv.org/abs/2404.16961 #CausalInference #StatsTwitter #Econometrics

Let’s talk about the worst publishing experience. I will go first: I had a paper a Econometric Theory that was conditionally accepted after 3 rounds of review. Something bizarre happened, Editor sent it back to referees. We addressed the points, but it didn't matter: rejected!

Prof. Judea Pearl leading the speakers session in this year's Causal AI conference along with Guido Imbens! info.causalens.com/en-us/causal-a… Are you attending in person, Prof. Judea Pearl ?

Michal Kolesar's Advanced Applied Econometrics lecture notes are a delight github.com/kolesarm/539b/

#QJE Nov 2024, #7, “Evolution vs. Creationism in the Classroom: The Lasting Effects of Science Education,” by Benjamin W. Arold (Benjamin Arold): doi.org/10.1093/qje/qj…