Daniel Reck

Hello Internet, it's Daniel. I am an Assistant Professor of Economics at the University of Maryland. My research interests lie in behavioral & public economics.

[Rep. Jamie Raskin @RepRaskin]

Enjoyed a glorious afternoon visiting with my wonderful constituents & listening to awesome music at WOODMOORstock. Lots of federal workers here hanging tough through a dark time—they’ll still be contributing to America long after Elon Musk & Donald Trump have been sent packing.

[Canishk Naik @CanishkNaik]

Hello! Excited to share my job market paper with #econtwitter

I study how barriers to social assistance disproportionately screen out people with poor mental health—despite their high need.

Summary below
Paper: 🔗(https://t.co/AsQbfXyuaL)

@WelcomeEcon

[Daniel Reck @danhreck]

@EndAllZoning @platanomics Of course there are. This was the puzzle Alan Manning solved. How can there be monopsony power with many potential employers?

Answer: Search frictions.

[Daniel Reck @danhreck]

@platanomics @coreeconteam We can agree that textbooks need to do a better job of covering recent developments in the field but I think it’s a silly reason to identify as heterodox.

I also think you mistake pedagogy for ideology. There is a good pedagogical reason to teach competition before market power.

[Daniel Reck @danhreck]

@brian_callaci @platanomics Are these ideas absent from the mainstream? See eg “equilibrium unemployment as a worker discipline device” (8000 cites!).

Contemporary mainstream econ takes all these ideas seriously and tries to settle things empirically.

[Gabriel Chodorow-Reich @gchodorowreich]

Hassett and Clingenpeel cite (indirectly) my work with @omzidar , Eric Zwick, and Matt Smith as finding that the 2017 TCJA ("Trump tax cut") increased domestic investment 20%. This is not accurate and significantly overstates the TCJA's investment effects. https://t.co/TbMH0LggWA

[The Hamilton Project @hamiltonproj]

Read the proposal: https://t.co/1quKaCjuV7

Tune in today at 10:30 AM EDT to hear from @RonWyden, @WendyEdelberg, @dashching, @lilybatch, @WilliamGale2, and more on partnership tax: https://t.co/SX0rEiVtWJ

[NBER @nberpubs]

Creation of a secure query system for IRS's Statistics of Income program can bolster evidence-based policymaking and program evaluation for state and local governments, from Amy O'Hara, Stephanie Straus, Ron Borzekowski, Paul Arnsberger, and Barry Johnson https://t.co/NPW2fb4smg

[Daniel Reck @danhreck]

@economeager I thought he was defending the Savage axioms but I guess it’s potato-potahto

[Daniel Reck @danhreck]

@AniseNot In fact it has been studied!

https://t.co/fNM0nCn3pH

[Daniel Reck @danhreck]

@gp_mihalache I rather think the first of these is completely fine in a lot of optimal tax theory. I could say “spent on public goods” and introduce a bunch of notation for this but if it wouldn’t matter for my results, why bother?

[Daniel Reck @danhreck]

Good on David Muir for following up to the heart of the disagreement

[Daniel Reck @danhreck]

Oooh debate starting right off with some fiery exchanges about tax incidence I am excited

[Daniel Reck @danhreck]

“Mexico will pay for the border wall” but for all public spending.

[Kimberly Clausing @KClausing]

So far Trump's using this inefficient and regressive tax for (a) tax cuts >> his suggest tariff take (b) a complete replacement of the income tax?! (c) childcare! (why not?) and (d) a sovereign wealth fund. Last time, much of $ went to farmers hurt by retaliation. Sheer fantasy.

[Daniel Reck @danhreck]

@besttrousers @economeager God Emperor: a special bond beteeen a
Half-worm half-man and his…cousin 1000 times removed I guess??

[Daniel Reck @danhreck]

@economeager @besttrousers Dune: Messiah, a charming tale about a VERY special bond between a boy and his sister.

[Daniel Reck @danhreck]

Another reason these toy examples involving publicly traded stock or houses are less relevant than one might expect

[Owen Zidar @omzidar]

The discussions of unrealized capital gains for the very rich (ie those with wealth exceeding $100M) are often missing a key fact - two thirds of unrealized gains at the very top is from gains in private businesses

(From SCF data https://t.co/yaQikV6XF5) @jasonfurman @MargRev