László Sándor

Economist at the Consumer and Household Research and Policy section at the @cfpb. Harvard Econ Ph.D. 🇭🇺🇺🇸 Retweets ≠ referee reports. (He/him/his.)

[László Sándor @laszloecon]

You have until Monday to post your comments, big or small, about our overdraft proposal. I could appeal to your vanity (a cite in the Federal Register!) but I know you care more about the public good. See Neale’s thread how useful you can be. Thanks!

[Neale Mahoney @nealemahoney]

@cfpb overdraft rule is posted and available for comment.

If you're an economist or behavioral scientist with related research, I encourage you to leave a comment.

The key section is VIII. CFPA Section 1022(b) Analysis.

Deadline is April 1.

https://t.co/vvS0l6Dj2q

[Neale Mahoney @nealemahoney]

See this @SIEPR and @YaleTobinCenter brief on notice-and-comment rulemaking.

Tl;dr is that writing comments is easy and important -- and we should be doing it more often

https://t.co/Dvm6eWNozy @YaleTobinCenter

[Neale Mahoney @nealemahoney]

@cfpb overdraft rule is posted and available for comment.

If you're an economist or behavioral scientist with related research, I encourage you to leave a comment.

The key section is VIII. CFPA Section 1022(b) Analysis.

Deadline is April 1.

https://t.co/vvS0l6Dj2q

[Neale Mahoney @nealemahoney]

Friendly reminder that the submission deadline for the @CFPB research conference is Friday, December 22nd.

Broad set of topics and disciplines.

Great exposure and feedback on your research.

More details on how to apply here:
https://t.co/GZ4du3oFQl

[Anna Stansbury @annastansbury]

One of the most striking charts from our paper imo is this one:

The vast majority of Economics PhDs at top-ranked programs have a parent with a *graduate* degree - particularly among the American students.

That is, we are drawing from an extremely narrow socioeconomic pool.

[Paul Novosad @paulnovosad]

🤷🤷‍♀️New data: SHRUG 2 is out!! @devdatalab has been working on this for two years, a HUGE update to India’s coolest data platform:
1. Maps of *every* 2011 town and village, with ids
2. All data at every geography (villages, districts, ACs, etc)...
https://t.co/tIWzPykzJQ

🧵1/N

[László Sándor @laszloecon]

All feedback on our proposed credit card penalty rule, reasoning and all, must become part of the public record. Why not submit a comment online in the first place? It matters more than you think!
https://t.co/jtvP8QmGoO
#cfpb #latefees #junkfees #EconTwitter

[Matteo Maggiori @m_maggiori]

@ShengwuLi I regard advisors (and departments) who publicly state that they encourage students to feel free to accept and then renege on exploding offers as even better citizens. Since it removes stigma from job market candidates doing so. It is the advice my students receive from me.

[László Sándor @laszloecon]

Standing on the shoulders of giants, bearing fruit.

[Brian Deese Archived @briandeeseNEC]

@POTUS’s announcement today on actions to limit junk fees is an important step in lowering costs for consumers & promoting competition

It’s also a milestone for behavioral economics – decades of scholarship bearing fruit in policies that make a difference
https://t.co/Nv27AhXaAY

[László Sándor @laszloecon]

@gk_ben Thanks! The public comment period is open if you want the express this sentiment. 😉

[László Sándor @laszloecon]

There is a refreshing amount of economics (data and reasoning) behind a proposed rule like this one, my first. Let me have your referee reports. 🍿💳🛠️🇺🇸 #EconTwitter

[Journal of Public Economics @JPubEcon]

Recently published short paper in the @JPubEcon :

"The Minimum Wage, Informal Pay, and Tax Enforcement"
Vol 215 (Nov 2022)

by Anikó Bíró (@AnikoBiro17 ), Dániel Prinz (@prinzdani ), & László Sándor (@laszloecon )

https://t.co/LzvWuKke2K

[László Sándor @laszloecon]

We are looking forward to meeting many of you in town next week. You can also register to follow the live stream online. @m_sendhil will give an address on “Algorithms for Good or Bad.” Christmas coming early! #CFPBResearch22 #EconTwitter

[László Sándor @laszloecon]

Are you a college senior passionate about solving social problems with cutting-edge tools of economics, or do you know one? The research team at the @CFPB is looking for full-time research assistants (predocs). Apply today! 👩🏻‍🎓👨🏿‍🎓🇺🇸🏳️‍🌈 @econ_ra #EconTwitter https://t.co/SZsOuVoZWZ

[László Sándor @laszloecon]

This is a great lineup of fantastic researchers sharing their latest work, plus a keynote from @m_sendhil. We are very excited to host everyone again in person! Many thanks to a stellar scientific committee who helped this put together. #CFPBResearch22

[László Sándor @laszloecon]

We are hiring, but our @JOE_listings post closes early! (@USAJOBS is next.) Sometimes the other Joe (@POTUS) talks about our work, like today. Sometimes we publish in the AER or ECMA. We care about you. Apply! #EconTwitter @AEACSMGEP @AEACSWEP @LGBTQ_Econ https://t.co/9JoIslUDtO

[László Sándor @laszloecon]

As 🇭🇺 is remembering a failed uprising started two weeks before 🇺🇸 Election Day, I wonder what the @FiveThirtyEight model would have predicted for Ike’s reelection chances as of Oct 23, 1956. The model is proprietary, but this kind of information could be invaluable for research.

[László Sándor @laszloecon]

@nhendren82 @MITEcon @PolicyImpacts Fantastic news! Thanks for a transformative decade (full of Insights and Impacts), and cannot wait to see what you have in store next! 🍿🍿🍿

[Daniel Prinz @prinzdani]

New paper w/ @AnikoBiro17 @laszloecon in @JPubEcon on interaction b/w minimum wage, tax enforcement & informality. In 🇭🇺 many report earning exactly @ MW but earn at least 2xMW. Taxed MW backstops underreporting but increases informality #EconTwitter🧵1/14
https://t.co/2vYCjcwUH4

[László Sándor @laszloecon]

Responses to an audit threat in Hungary reveal that many workers declaring the minimum wage earn more. Audits increase declarations but also informality. This suggests that the minimum wage is a backstop on underreporting. Taxing it can recover taxes from evading higher earners.

[László Sándor @laszloecon]

What a fantastic birthday present from @AnikoBiro17 and @prinzdani, thanks for all the great work! Check out our piece in @JPubEcon for the role of the minimum wage as a fiscal backstop. #EconTwitter https://t.co/uqqXJKlXNq