Joachim Voth
@jvoth.bsky.social
2.7K followers 14 following 21 posts
economic historian; mostly on X; www.jvoth.com
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jvoth.bsky.social
But can go the other way as with higher albedo from vapor trails.
jvoth.bsky.social
Sure but that is rounding error stuff
jvoth.bsky.social
Well. If electric its covered. If diesel its not. We can sign the likeky effect.
Reposted by Joachim Voth
mdrelichman.bsky.social
I use this exact example in my very first ECON 101 lecture. I now have AV content.
atrupar.com
DEAN: What's the tariff on bananas?

LUTNICK: Generally 10%

DEAN: Walmart has already increased the cost of bananas by 8%

LUTNICK: If you build in America, there is no tariff

DEAN: We cannot build bananas in America
jvoth.bsky.social
Fresco fresco no es…
jvoth.bsky.social
reminds me of the immortal essay by Stanley Fish "The Unbearable Ugliness of Volvos"...
jvoth.bsky.social
they say "we win"
Reposted by Joachim Voth
pgolka.bsky.social
Having found in my masters thesis that high testosterone individuals prefer being seen as winners even if it means losing money, I had no idea we're talking *that* much money.

If you're a hedge fund manager and want to set up an aggressive tesosterone-based trading strategy, hmu!
jvoth.bsky.social
declares that their 800+km train ride did something good for the environment? Is is ignorance, or a latent desire to suffer for the sins of having what you want? Color me confused....
jvoth.bsky.social
diesel trains are exempt from ETS 1 like all other transport like cars + trucks). Economists! I understand that some people don't get it. Cap+trade is not complicated, but maybe a bit more abstract... but why do I now regularly get to conferences where some slightly wrinkled colleague proudly
jvoth.bsky.social
Conference. Distinguished colleagues; smart, top-of-the-game. Someone drops a "good for the climate" when I say I took the train... I look puzzled. What? There is emissions trading in Europe. Total CO2 is *capped*; net footprint of flights in Europe is ZERO. Same, btw, not true of trains (bec
Reposted by Joachim Voth
dianecoyle1859.bsky.social
This paper by the late, great Nick Crafts, on competition and productivity in the UK, well worth a read: cepr.org/voxeu/column...
Reposted by Joachim Voth
essobecker.bsky.social
🚨 New Working Paper 🚨

w/ @pdavidboll.bsky.social and @jvoth.bsky.social

Do you run regressions on spatial data? Then keep reading!

We present a guide and Stata package for methods by Müller and Watson (2024 ECTA) to deal with Spatial Unit Roots in Regressions.

Link in 🧵 (1/n)
jvoth.bsky.social
Do u seriously think that a social awkward, Auschwitz visiting, hostage-supporting, borderline Asperger's billionaire is doing a Nazi salute?
Reposted by Joachim Voth
drodrik.bsky.social
Great work by Lagakos, Michalopoulos, and Voth on personal narratives from 1930s to ask what gives people meaning. Work and community top the list. Neither enters economists' understanding of well-being directly. A big blind spot in how we evaluate policy impacts. www.dropbox.com/scl/fi/2ej7c...
Reposted by Joachim Voth
joshrhodes.bsky.social
So pleased my article on geo-coding addresses of 121 million + people in British censuses 1851-1911 is now out with Historical Methods! #openaccess

- map any census info (ages, occupations, birthplaces etc) by address

- link census to other spatial datasets

Get the code and data 👇
Map of London in 1901 showing percentage of people born overseas by street.
jvoth.bsky.social
The Harvard longitudinal study, tracking undergrads and Boston city residents since the 1940s, concluded that only close personal relationships matter for life satisfaction; this is not what we find.
jvoth.bsky.social
councillor who says "The biggest thing in my life?Making it possible [to build] the great St. John River bridge for the people of Duval County.” Family and close relationships are obviously important, but we not find that it dominates all other aspects, as some have argued.
jvoth.bsky.social
nature. Others found meaning in religion. Three themes loom large: Work, community, and family. The sense of satisfaction in doing a job well, in the cameraderie and pride it brings, is palpable in many narratives; so is the joy of doing things for others, such as the Florida
jvoth.bsky.social
by the Library of Congress. We train and use a large language model (GPT-4) to analyse these narratives at scale, using extensive human audits to avoid hallucinations. What do we find? Stories vary; some people met Billy the Kid when young, and could never get enough of exploring
jvoth.bsky.social
directly; instead, we examine interviews conducted by the Federal Writers Project. This was part of the New Deal work creation programs, and the aim was to get many ordinary Americans to tell their life stories in their own words. The interviews are loving preserved
jvoth.bsky.social
What is the meaning of life? What is the meaning of life? What would you remember as bringing satisfaction, meaning, and purpose to your life? These are the modest questions that David Lagakos, Stelios Michalopoulos and I try to answer by "interviewing" over 1,400 Americans.
jvoth.bsky.social
so much fun working @essobecker.bsky.social and David Boll
essobecker.bsky.social
🚨 New Working Paper 🚨

w/ @pdavidboll.bsky.social and @jvoth.bsky.social

Do you run regressions on spatial data? Then keep reading!

We present a guide and Stata package for methods by Müller and Watson (2024 ECTA) to deal with Spatial Unit Roots in Regressions.

Link in 🧵 (1/n)
jvoth.bsky.social
No it shows why this is so silly. Spatial FE and u r done - which is what everyone was doing anyways…