🆕 Should roads and electricity infrastructure be built together?
Oliver Vanden Eynde (@PSEresearch@CNRS) & @LiamWrenLewis (@INRAE_Intl) discuss how roads and electricity jointly deliver greater gains in agricultural productivity in rural India: https://t.co/5amF0GETFi
When can price controls increase supply? When the market uses token money!
That’s what @JuliusGoedde, an amazing student of mine, shows in his #EconJMP using both theory and data from a large home exchange platform. Check it out here:
Popularity of token money is ⬆️ to allocate class seats, food donations, holiday homes,…
My #JMP asks
1⃣ Does price-setting with tokens work as in normal markets?
2⃣ Can token money have advantages even when using real money possible?
Surprisingly: NO, YES!
1/🧵
#EconJobMarket #econtwitter
Exploiting variation in Black student shares across US school cohorts, we find that 20 years later, Whites that had more same-gender Black peers live in areas with more Black residents. This effect is driven by a shift in preferences, and not opportunities or networks.
You are an economist working in the field in developing countries and wish to develop the best skills for your research?���️
Join our Development Economics Summer School to dive into an enriching experience, learning from top researchers and professionals!
https://t.co/28qnjTOPDk
Excited to present my JMP: Silence to Solidarity
My job market paper studies whether communication between discriminatory people can lead to large reductions in discrimination
🔗 https://t.co/IrRLIjPJLq
👇for more
🚨My JMP is out and I'm very excited that it made it to this blog series!
👇Please have a read if you're interested in Bureaucrats, Algorithms and Tax Equity!
thanks to @FKondylis & @dmckenzie001 for this great platform.
https://t.co/T2ijRaWTmp
Relational contracts are typically modelled as being between a principal and an agent, such as a firm owner and a supplier, but are overseen by an intermediary such as a manager. Such arrangements open the door for collusion between the manager and the agent. Marta Troya-Martinez @Marta_TroyaM@NES_Moscow
and Liam Wren-Lewis @LiamWrenLewis@PSEinfo
discuss a theory of such managed relational contracts https://t.co/Z0rg35oatV #EconTwitter #economics
Relational contracts are based on trust and are essential for trade. The task of maintaining these relationships is often delegated to a manager. But what happens if the manager exploits the trust to receive bribes? Should the principal ever delegate to such a manager?
@Unsophistry@salonium Thanks for your question. It's true even within school there is variation in which neighbourhood people live - so in column 6 of Table 6 we control for which census tract people live in, and the result doesn't change much. So it can't be neighbourhoods driving the result.
Now in JoLE: White kids in school cohorts with more black kids are more likely to date black people when they are adults. Evidence most consistent with interracial contact leading to a change in attitudes.
https://t.co/CQqiZnp7ls
https://t.co/8RhIdtrh7R
@PereGrimmer @RAVerBruggen 3/3 - okay, I have just checked and there's no impact of either opposite or same gender black share in the first wave on whether a white kid leaves the school the following year.
@PereGrimmer @RAVerBruggen 2/n ... when there are lots of black girls but not when there are lots of black boys. It's a great idea to test directly for whether white kids move are more likely to move out of a grade with a higher black share - we haven't checked this but will check now!
@lindatropp @tage_rai Thanks! And thanks very much for the book reference, I have just ordered it. Indeed we very much see our results as consistent with the literature showing impacts on attitudes.