Asa Watten

Placeholder. Now @[email protected].

[Asa Watten @AsaWatten]

@jmwooldridge, is there any reason not to use Poisson regression qmle with a binary outcome variable? Is there an argument that the functional form assumption on the conditional mean is less concerning when the count only goes to 1... or is that a step to far?

[Asa Watten @AsaWatten]

@EliseBreshears Amazing! Congrats!

[Asa Watten @AsaWatten]

@SketchesbyBoze 🕊️

[Asa Watten @AsaWatten]

@okidoki_boki I immediately bought the book after watching the whole series over one rainy day.

[Asa Watten @AsaWatten]

@BrianCAlbrecht The advisor is the kid, right?

[Asa Watten @AsaWatten]

@dorth_vader Sports

[Asa Watten @AsaWatten]

@nikenberger Has market power in retail gas substantially changed? Full pass through or not the effect is probably small for consumption and for consumers–– <$10/month savings if full pass through. The real looser would be the federal transportation budget. ~$2B/month.

[Asa Watten @AsaWatten]

@nikenberger Like a stimulus check? Sounds hard politically rn (tho not my wheelhouse).
Gas rebates are the same as lower price at the pump and ⬇️ the incentive to drive less/ buy more efficient vehicles like you noted. Not a bad idea if it's progressive and the goal is to help poorer ppl.

[Asa Watten @AsaWatten]

@nikenberger The evidence of market power in US retail gas is that prices adjust more slowly when bulk prices go down than when they go up. So there would likely be near full pass through, but it could take a couple months. https://t.co/XOwqtWC630

[Asa Watten @AsaWatten]

@nikenberger With full pass through ($.18) and a short run price elasticity of ~-.3, we're talking a ~1% increase in fuel consumption. Long run elast of ~-.6 => ~2%. Not saying it's a good idea, but it's short term & the 70% increase in gas price in the last year is a much bigger price signal

[Asa Watten @AsaWatten]

@NaderDIssa @SamInLowerCase https://t.co/LJuHIY6h9B

[Is the Weather Weird? @itww_chicago]

❄️❄️ The weather in Chicago was weird today. It was 43ºF on average, colder than 91% of April 26 temperatures on record.

[Asa Watten @AsaWatten]

@darkpatterns Add me to the class action thx

[Asa Watten @AsaWatten]

@Nowooski Google sea lamprey

[Asa Watten @AsaWatten]

@andersen_hecon This is the time for beepr::beep(3)
(it plays the fanfare sound from Super Mario)

[Asa Watten @AsaWatten]

@etjernst @jmwooldridge I happen to know that JW's students are aware of his twitter :P

[Asa Watten @AsaWatten]

@AntiPraxxer Sounds like you learned your lesson and that's what counts

[Asa Watten @AsaWatten]

@Nowooski Lol. We agree that degrowth has... problems.

[Asa Watten @AsaWatten]

@Nowooski Cool. I'm just not on board with framing regulation of power plants as an austerity agenda. It is (or can be) a renewables deployment and tech investment incentive. But sure, it does look like subsidizing goods vs taxing bads is what we've got for now.

[Asa Watten @AsaWatten]

@Nowooski ah so what are you calling "state-imposed austerity"?

[Asa Watten @AsaWatten]

@Nowooski Wally, not sure how you make the argument that imposing costs on fossil energy are not also innovation incentives.