Locky Liu

Research Fellow - Centre of Policy Studies | Economic PhD @Unimelb | Farmboy. Views are my own.

[The Conversation - Australia + New Zealand @ConversationEDU]

The changes announced by the prime minister won't help with supply and are poorly targeted. @victoriauninews @victoriauninews @lockyxliu @victoriauninews https://t.co/Sm0pO5u4tP

[Locky Liu @lockyxliu]

Excited to share our latest piece published in The Conversation today! If you are curious about what policy tools the government should use to respond to a global energy price shock, read more👇

[The Conversation - Australia + New Zealand @ConversationEDU]

The last cut in the fuel excise cost $5 billion. A temporary tax on gas exports could provide more targeted relief for households. @victoriauninews @victoriauninews @lockyxliu @victoriauninews https://t.co/yk9o25msSF

[Locky Liu @lockyxliu]

Glad to see that the Productivity Commission used our regional CGE model, VURM, to quantify the regional impacts of these policy reforms. It actually feels pretty good to see my work make a real difference!

https://t.co/4oObnXLdhH.

[Locky Liu @lockyxliu]

@jchtecon @BusEcoNews @UniMelb Congratulations! 😃

[Locky Liu @lockyxliu]

@DeNewJohn @Melb_PhDEcon Thank you John!

[Locky Liu @lockyxliu]

Very happy about my interview (in Mandarin) with SBS Mandarin on Australia's housing policies. Learned a lot about conveying academic ideas to the public. Didn't expect my head to look so big in the picture though!

https://t.co/an4DIThvRM

[The Australia Today @TheAusToday]

What’s the best way to ease #rents and improve #housing #affordability? We modelled 4 of the government’s biggest programs
explains Jason Nassios, James Giesecke and @lockyxliu

@victoriauninews @DrAmitSarwal @Pallavi_Aus @dhanashree0110 @Rohini_indo_aus
https://t.co/4rtTDShDGh

[Shengwu Li @ShengwuLi]

Ok here are my go-to papers for making small talk with smart non-econs.

(Yes, I am exactly as uncool as maintaining this list would imply.)

[北火 @beihuo]

我想想找一个管理工具，给自己用，但是选来选去总是感觉不顺手。今天我在对比工具的时候，忽然意识到并不是工具不顺手，而是我不知道该如何管理项目开发，我不知道该如何正确使用这些工具。

于是我去学习了 Github 团队是如何管理产品开发的，并做了一些笔记：

1/19

[Luigi Biagini @LuigiBiagini]

A new paper by @jmwooldridge 👇. Sometimes, the basis of statistics can be reevaluated to consider unexpected aspects that, at the first approach, were been overlooked. https://t.co/duk1KaACRw

[Locky Liu @lockyxliu]

It has been an absolute pleasure to share the journey of the CGE modelling course with so many talented participants at @WIFO in Vienna. I've learned a lot and really enjoyed my time in this lovely and the world's most livable city!

https://t.co/ooZvSJ2mgp

[Locky Liu @lockyxliu]

Wow! The RBA appears to be finally heading in the right direction by starting to involve monetary policy experts in its monetary-policy-making process !

https://t.co/nRmJzKb5WZ

[Locky Liu @lockyxliu]

Very happy to come back to the University of Melbourne for the WEAI conference. Interesting keynote by David Card on imperfect competition in the labor markets. Got my presentation done in the afternoon (Yes!). The discussants were all very engaging! Really enjoyed my session :)

[Locky Liu @lockyxliu]

2/ Still, the temptation to make it better! Must resist !!!! (Ended up spending about three weeks restructuring and rewriting the paper with revised simulation results...

[Locky Liu @lockyxliu]

1/ My coauthors (also my bosses) have warned me again about spending excessive time reworking a previous working paper. They have valid points as there are other projects to be worked on, and the marginal benefits from continuously revising and refining the paper are limited.

[Locky Liu @lockyxliu]

@M_Johnston1 The naming problem can happen but should be extremely rare. Just checked my collections of Chinese translation of foreign books: academic books, novels and poems. They all have authors’s name clearly labeled, following by names of translators usually in smaller font.

[Giuseppe Cavaliere @CavaliereGiu]

Hi #EconTwitter!

Looking for a cool lecture on 𝐏𝐲𝐭𝐡𝐨𝐧 for #econometrics?

Check out https://t.co/ztdXWNJMng's course on numerical programming with #Python!

You'll love the simple examples and real-world applications that make this course super cool.

Highly recommended!

[Locky Liu @lockyxliu]

@TradeandMoney Very interesting read. Despite my lack of understanding of the relevant context, the post exchanges clearly indicate the complications, sensitivities, and difficulties involved in challenging issues in published work with replications without the situation becoming a bit personal

[Locky Liu @lockyxliu]

A few years ago as a PhD student I tried to replicate an AER paper and found its code for robustness checks was not consistent with what it claimed to be in the paper. After correcting the code these robustness checks actually failed. I asked around and was told no one would care

[Jörg Ankel-Peters @jrgptrs]

Is Economics self-correcting? We have a new discussion paper, joint with N Fiala & @flneubauer. Quick answer is: No, rather not. We reviewed all replications published as comments in the AER. Plus, we surveyed the authors. A short thread 1/. https://t.co/TdFOM0Su4W #EconTwitter

[Locky Liu @lockyxliu]

@zhan_charlotte You probably listened to me complaining about this like seven years ago when doing coursework lol

[Locky Liu @lockyxliu]

@jrgptrs I was partly convinced at the time, but it definitely lowered a PhD student's confidence in econ research. I still believe one must be responsible for the quality of the work, but also understand it largely depends on self-imposed standards. Glad to see this is getting better.