N-gated Hacker News<p>🎉 Breaking news: house prices don't care about pesky "constraints"! 🏠💸 Apparently, they rise and fall because of ✨magic✨. Next up, the <a href="https://mastodon.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> will reveal that gravity doesn't explain why things fall. 🙃<br><a href="https://www.nber.org/papers/w33576" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">nber.org/papers/w33576</span><span class="invisible"></span></a> <a href="https://mastodon.social/tags/houseprices" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>houseprices</span></a> <a href="https://mastodon.social/tags/magicconstraints" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>magicconstraints</span></a> <a href="https://mastodon.social/tags/news" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>news</span></a> <a href="https://mastodon.social/tags/humor" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>humor</span></a> <a href="https://mastodon.social/tags/HackerNews" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HackerNews</span></a> <a href="https://mastodon.social/tags/ngated" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ngated</span></a></p>
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#NBER
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Colin Rowat<p>"at the industry level, higher <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> were associated with reduced labor <a href="https://mastodon.social/tags/productivity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>productivity</span></a>, greater total output, more establishments, and more workers. ... lower output per establishment, suggesting that higher tariffs led to the entry of smaller, less productive firms. ... These methods reveal some evidence ... that industries comprised of politically influential firms were more successful in <a href="https://mastodon.social/tags/lobbying" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>lobbying</span></a> for tariff increases."</p><p>Klein & Meissner (<a href="https://mastodon.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> WP 33100, 2025)</p><p><a href="https://www.nber.org/202502/digest/tariffs-and-us-labor-productivity-evidence-gilded-age" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nber.org/202502/digest/tariffs</span><span class="invisible">-and-us-labor-productivity-evidence-gilded-age</span></a></p>
Roman ALAN<p>Useless quote for 10 Feb:</p><p>"... the trade war appears to have been successful in strengthening support for the Republican party."</p><p>~ David Autor, Anne Beck, David Dorn, and Gordon H. Hanson in "Help for the Heartland? The Employment and Electoral Effects of the Trump Tariffs in the United States" (National Bureau of Economic Research, Jan 2024)</p><p>Link to source:<br><a href="https://doi.org/10.3386/w32082" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="">doi.org/10.3386/w32082</span><span class="invisible"></span></a></p><p><a href="https://mastodon.nz/tags/UselessQuote" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>UselessQuote</span></a> <a href="https://mastodon.nz/tags/Tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Tariffs</span></a> <a href="https://mastodon.nz/tags/DavidAutor" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DavidAutor</span></a> <a href="https://mastodon.nz/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a></p>
MottG<p>"Economic Policy Challenges for the Age of AI"</p><p>This 27 page NBER report from Sept. 2024 is a lot more informative on the potential impacts of AI on the economy <br>than the 2 page one from CRS that came out recently. Since the Industrial Revolution production output in advanced countries has grown about 20-fold, driven by comparatively rapid technological advances.</p><p><a href="https://www.nber.org/papers/w32980" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">nber.org/papers/w32980</span><span class="invisible"></span></a></p><p><a href="https://researchbuzz.masto.host/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AI</span></a> <a href="https://researchbuzz.masto.host/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://researchbuzz.masto.host/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a></p>
John Refior<p>"The Impact of a Boston Desegregation Busing Program on Student Outcomes"</p><p>"The Metropolitan Council for Educational Opportunity (METCO) program in Boston is a voluntary program for urban students and suburban school districts, that busses non-White students from Boston to wealthier, Whiter suburbs.</p><p>"Elizabeth Setren examines how participation in the METCO program affected students over the period 1991 through 2020.</p><p>"METCO students attend schools where a much higher percentage of the students plan to go to a four-year college than in the Boston public school system..</p><p>"Boston students who are bused to suburban school districts through the METCO school desegregation program have stronger academic and labor market outcomes than similar students who apply to be bussed but are not selected..</p><p>"At age 35, on average, students who were selected to participate in the METCO program make $16,250 more than those who applied to the program but were not selected from the waitlist."<br><a href="https://www.nber.org/digest/202501/impact-boston-desegregation-busing-program-student-outcomes" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nber.org/digest/202501/impact-</span><span class="invisible">boston-desegregation-busing-program-student-outcomes</span></a><br>—<br><a href="https://hachyderm.io/tags/desegregation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>desegregation</span></a> <a href="https://hachyderm.io/tags/education" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>education</span></a> <a href="https://hachyderm.io/tags/PublicSchool" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicSchool</span></a> <a href="https://hachyderm.io/tags/PublicEducation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicEducation</span></a> <a href="https://hachyderm.io/tags/race" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>race</span></a> <a href="https://hachyderm.io/tags/BrownvBoard" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BrownvBoard</span></a> <a href="https://hachyderm.io/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://hachyderm.io/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> <a href="https://hachyderm.io/tags/Boston" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Boston</span></a> <a href="https://hachyderm.io/tags/Massachusetts" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Massachusetts</span></a> <a href="https://hachyderm.io/tags/METCO" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>METCO</span></a></p>
Laurens Swinkels :mastodon:<p>"Term Spreads Using Very Long-Run Data" by Rogoff, Rossi, and Schmeltzing</p><p><a href="https://mastodon.online/tags/NBER" class="mention hashtag" rel="tag">#<span>NBER</span></a> <a href="https://mastodon.online/tags/interestrate" class="mention hashtag" rel="tag">#<span>interestrate</span></a> <a href="https://mastodon.online/tags/bonds" class="mention hashtag" rel="tag">#<span>bonds</span></a> <a href="https://mastodon.online/tags/econometrics" class="mention hashtag" rel="tag">#<span>econometrics</span></a> <a href="https://mastodon.online/tags/finance" class="mention hashtag" rel="tag">#<span>finance</span></a> <a href="https://mastodon.online/tags/investing" class="mention hashtag" rel="tag">#<span>investing</span></a> <a href="https://mastodon.online/tags/history" class="mention hashtag" rel="tag">#<span>history</span></a></p>
John Refior<p>3) create a captive pool of cheap labor for their other corporate donors<br>—<br><a href="https://hachyderm.io/tags/GOP" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GOP</span></a> <a href="https://hachyderm.io/tags/WorkRequirements" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorkRequirements</span></a> <a href="https://hachyderm.io/tags/inequality" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inequality</span></a> <a href="https://hachyderm.io/tags/poverty" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>poverty</span></a> <a href="https://hachyderm.io/tags/welfare" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>welfare</span></a> <a href="https://hachyderm.io/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a></p>
Ben Waber<p>First was the fantastic industrial organizational program meeting at NBER. There were tons of great talks, with standouts from Audrey Tiew (joint operating agreement effects on the US newspaper industry), Mert Demirer (M&A and power plant efficiency), Martino Banchio (AI and spontaneous collusion), and Jihye Jeon (investment and usage of the subsea internet cable network). Highly recommend<br>Day 1: <a href="https://www.youtube.com/watch?v=354UGvb-Pl4" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=354UGvb-Pl</span><span class="invisible">4</span></a><br>Day 2: <a href="https://www.youtube.com/watch?v=F-IycsWOZ_o" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=F-IycsWOZ_</span><span class="invisible">o</span></a> (2/8) <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a></p>
Colin Rowat<p>"Algorithmic Recommendations and Human Discretion", Angelova, Dobbie & Yang via <a href="https://mastodon.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> Digest:</p><p><a href="https://www.nber.org/papers/w31747" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">nber.org/papers/w31747</span><span class="invisible"></span></a></p><p>90% of judges overriding the algo underperform it; those judges are more likely to have a law enforcement background than the overperformers.</p><p>1/n</p><p><a href="https://mastodon.social/tags/algorithmicbias" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>algorithmicbias</span></a> <a href="https://mastodon.social/tags/recividism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recividism</span></a></p>
Global News<p>N.B. man who spent 5 days in Fredericton hospital speaks out about health-care crisis<br>A New Brunswick man who spent five days at the Dr. Everett Chalmers Regional Hospital says he saw first-hand the ongoing impact of the health-care crisis in the province.<br><a href="https://mastodon.hongkongers.net/tags/globalnews" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>globalnews</span></a> <a href="https://mastodon.hongkongers.net/tags/Health" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Health</span></a> <a href="https://mastodon.hongkongers.net/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> <a href="https://mastodon.hongkongers.net/tags/NBHealth" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBHealth</span></a> <a href="https://mastodon.hongkongers.net/tags/NewBrunswickER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NewBrunswickER</span></a> <br><a href="https://globalnews.ca/news/10200323/fredericton-hospital-patient-health-care-crisis/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">globalnews.ca/news/10200323/fr</span><span class="invisible">edericton-hospital-patient-health-care-crisis/</span></a></p>
PrivacyDigest<p>Does Less Consumer <a href="https://mas.to/tags/Tracking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Tracking</span></a> Lead to Less Fraud? </p><p>Here’s another reason to block digital <a href="https://mas.to/tags/surveillance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>surveillance</span></a>: it might reduce financial fraud. That’s the upshot of a small but promising study published as a National Bureau of Economic Research ( <a href="https://mas.to/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> ) working paper, “Consumer Surveillance and <a href="https://mas.to/tags/FinancialFraud" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialFraud</span></a>. <br><a href="https://mas.to/tags/privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>privacy</span></a></p><p><a href="https://www.eff.org/deeplinks/2023/12/does-less-consumer-tracking-lead-less-fraud" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">eff.org/deeplinks/2023/12/does</span><span class="invisible">-less-consumer-tracking-lead-less-fraud</span></a></p>
Ben Waber<p>Next was a fantastic talk by Elena Ashtari Tafti on the relationship between surgeon skill, surgical robot adoption, and performance at the National Bureau of Economic Research. Interestingly it appears that surgical robots tend to improve performance for the least skilled surgeons but have negligible effects for the most skilled ones, but lower-skilled surgeons tend to have the lowest adoption. Highly recommend <a href="https://www.youtube.com/live/zaafJTC9dfA?si=Yx5Y5ZI5r0qIWxVS&t=20797" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/live/zaafJTC9dfA?s</span><span class="invisible">i=Yx5Y5ZI5r0qIWxVS&t=20797</span></a> (3/13) <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://hci.social/tags/robotics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>robotics</span></a> <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a></p>
Ben Waber<p>Next was a fantastic symposium on top executive compensation at <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a>. I particularly liked the talks by Steve Irlbeck (competition and compensation with pharma breakthroughs), Minjia Li (climate-linked pay and supply chain management), and Pierre Chaigneau (a theory of fair CEO pay). There's a ton of great work here, highly recommend the whole event <a href="https://www.youtube.com/watch?v=f1QzpW_4AEQ&t=1s" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=f1QzpW_4AE</span><span class="invisible">Q&t=1s</span></a> (5/6) <a href="https://hci.social/tags/PeopleAnalytics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PeopleAnalytics</span></a> <a href="https://hci.social/tags/management" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>management</span></a> <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a></p>
Ben Waber<p>Last was an excellent second day of the NBER economics of education meeting, with fantastic talks by Basit Zafar (costs of balancing college and work activities for gig workers), <span class="h-card" translate="no"><a href="https://econtwitter.net/@MatthewAKraft" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>MatthewAKraft</span></a></span> (preferences, inequities, and incentives in the substitute teacher labor market), and Andrea Kiss and Robert Garlick (jobseekers' beliefs about comparative advantage and misdirected search). Highly recommend <a href="https://www.youtube.com/watch?v=75YWsCRQO5M" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=75YWsCRQO5</span><span class="invisible">M</span></a> (6/6) <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a></p>
Ben Waber<p>Next was an interesting talk by Anna Vitali on consumer search and firm location effects at NBER <a href="https://www.youtube.com/live/mRbwTYrF80c?si=vQeiGbcqD9NuyUv5&t=597" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/live/mRbwTYrF80c?s</span><span class="invisible">i=vQeiGbcqD9NuyUv5&t=597</span></a> (4/6) <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a></p>
Ben Waber<p>First was a nice NBER symposium on development economics. I particularly liked the work by Josh Lerner on how the rise of Chinese venture capital impacted venture investment in other developing markets in areas where Chinese startups were also successful <a href="https://www.youtube.com/watch?v=DsUC3bvrNiQ&t=2s" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=DsUC3bvrNi</span><span class="invisible">Q&t=2s</span></a> (2/6) <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://hci.social/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a> <a href="https://hci.social/tags/startups" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>startups</span></a></p>
Ben Waber<p>Last was a great talk by Peter Schott on trade liberalization and labor market gains at NBER. This work looks at the China shock in the US, showing wage declines for manufacturing workers that go into low-skill services work but can lead to wage gains for workers who are in industries whose suppliers were more exposed to trade liberalization <a href="https://www.youtube.com/live/lX9eVlpgbvQ?si=-1l2qPYESJkgR-wR&t=231" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/live/lX9eVlpgbvQ?s</span><span class="invisible">i=-1l2qPYESJkgR-wR&t=231</span></a> (7/7) <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> <a href="https://hci.social/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a></p>
Ben Waber<p>First was the NBER big data and securities markets meeting. I particularly liked the talk by Alan Kwan that measured managerial learning by analyzing internet traffic associated with different investment firms (!) <a href="https://www.youtube.com/watch?v=cRyIq1W1c2c&t=4s" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=cRyIq1W1c2</span><span class="invisible">c&t=4s</span></a> (2/7) <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> <a href="https://hci.social/tags/finance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>finance</span></a></p>
Ben Waber<p>Next was a fabulous last day of the <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> Organizational Economics symposium. I highly recommend the whole day, and the stand outs for me were talks by Cristóbal Otero (managers and public hospital performance) and Emily Nix (benefits, costs, and spillovers from dating and breaking up with the boss) <a href="https://www.youtube.com/watch?v=Z2p1USNXS3M" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=Z2p1USNXS3</span><span class="invisible">M</span></a> (7/8) <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://hci.social/tags/management" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>management</span></a> <a href="https://hci.social/tags/PeopleAnalytics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PeopleAnalytics</span></a> <a href="https://hci.social/tags/work" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>work</span></a></p>
Ben Waber<p>Next was an excellent pair of talks at the first day of the <a href="https://hci.social/tags/NBER" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NBER</span></a> Organizational Economics meeting with David Deming (the importance of allocative skill for worker pay) and Nina Roussille (pay secrecy as a collective bargaining tactic with real fieldwork evidence from the recent Hollywood strikes!). Highly recommend both <a href="https://www.youtube.com/live/e8XkrmF1u60?si=5IoHy4LnUytoUPt3&t=16700" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/live/e8XkrmF1u60?s</span><span class="invisible">i=5IoHy4LnUytoUPt3&t=16700</span></a> (11/11) <a href="https://hci.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://hci.social/tags/work" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>work</span></a> <a href="https://hci.social/tags/unions" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>unions</span></a></p>
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