user avatar
Econometrica
@ecmaEditors
News from the editors of econometrica
econometricsociety.org/publications/e…
Joined July 2020
3
Following
56.3K
Followers
Posts
  • user avatar
    Econometrica
    @ecmaEditors
    Jun 30, 2022
    Inequality has risen sharply in the US since the 1980s. This article shows that about 50% of the observed changes in the wage structure are due to the effects of automation technologies on workers with low levels of schooling econometricsociety.org/publications/e…
  • user avatar
    Econometrica
    @ecmaEditors
    Jul 19, 2021
    New estimates of TV advertising effectiveness across 288 CPG brands show that advertising generally has little effect on sales and most brands earn a negative ROI. The results cast doubt on the sustainability of financing TV content markets with ad revenue econometricsociety.org/publications/e…
  • user avatar
    Econometrica
    @ecmaEditors
    Jun 2, 2022
    Evidence from Peru shows that when the return to illegal activities increases in coca suitable areas, parents increase the use of child labor for coca farming, putting children on a criminal life path econometricsociety.org/publications/e…
  • user avatar
    Econometrica
    @ecmaEditors
    Feb 17, 2023
    Mandatory warning labels on food products are a popular policy to combat obesity—but are they effective? @NanoBarahona @cristobalotero and @seb_otero show that labels induce consumers to buy healthier options and prompt firms to use healthier ingredients. econometricsociety.org/publications/e…
    555K
  • user avatar
    Econometrica
    @ecmaEditors
    Feb 18, 2022
    Do you teach that least squares is BLUE? News flash: It is BUE (best unbiased)! This paper extends the Gauss-Markov Theorem, dropping the restriction to linear estimators, establishing a new finite sample variance lower bound for unbiased linear regression econometricsociety.org/publications/e…
  • user avatar
    Econometrica
    @ecmaEditors
    Oct 13, 2021
    The co-editors have temporarily hijacked this account, facilitated by the journal manager, who joins them in sending huge CONGRATULATIONS to Guido, Editor and NOBEL laureate!!!
  • user avatar
    Econometrica
    @ecmaEditors
    Sep 9, 2020
    Why is productivity greater in more competitive markets? Does competition make all firms more productive or does it make unproductive firms shut down? New tests and data from the ready-mix concrete industry support the first channel. econometricsociety.org/publications/e…
  • user avatar
    Econometrica
    @ecmaEditors
    Jan 6, 2025
    Do national leaders matter? Using inbreeding among European monarchs as an instrument shows that rulers with lower cognitive ability led to worse state performance and territorial losses from 10-18C. Rising parliamentary constraints limited rulers' impact. econometricsociety.org/publications/e…
    199K
  • user avatar
    Econometrica
    @ecmaEditors
    Aug 9, 2022
    Women are under-represented in economics. Are they also under-recognized for their contributions? We study gender gaps in recognition for top honors, e.g., Econometric Society fellows, controlling for pubs and cites, going back 70+ years. Read on econometricsociety.org/publications/e…
  • user avatar
    Econometrica
    @ecmaEditors
    Nov 27, 2023
    A widely held view is that wealth inequality increases with r-g. We show the opposite is true in a model with entrepreneurs. The idea: lower rates benefit entrepreneurs who use external financing to grow their firms. We quantify this effect w/microdata econometricsociety.org/publications/e…
    575K
  • user avatar
    Econometrica
    @ecmaEditors
    May 19, 2022
    The recently laid off commit more crimes! Not just property crime, but also violence, drug use, and traffic violations...unemployment benefits temporarily prevent crimes, but only while they are being cashed in @DiogoBrittoBr @paolopinotti78 @Brenorsampaio econometricsociety.org/publications/e…
  • user avatar
    Econometrica
    @ecmaEditors
    Jun 5, 2023
    This paper presents a method for using empirical evidence on the effects of policy shocks to construct counterfactuals following changes in policy rules, without violating the Lucas critique @ChristianKWolf @AlisdairMcKay econometricsociety.org/publications/e…
    95K
  • user avatar
    Econometrica
    @ecmaEditors
    Oct 12, 2021
    Congratulations to former coeditor David Card, former associate editor Josh Angrist and current editor Guido Imbens for sharing the 2021 #NobelPrize in economics
  • user avatar
    Econometrica
    @ecmaEditors
    Sep 15, 2020
    The American Frontier shaped a culture of rugged individualism. It attracted individualistic types and made settlers more individualistic over time; its effects persist today as more exposed counties show greater opposition to government econometricsociety.org/publications/e…