Morgan C. Williams, Jr.

@mwilljr.bsky.social

Assistant Professor of Economics at @barnard-college.bsky.social of @columbiauniversity.bsky.social. Interested in crime & criminal justice through the prism of racial inequality. Website: https://morganwilliamsjr.com/

Nonetheless, I decided to leave in search of more freedom in terms of both style and content. And that’s all I’m going to say for now. My “so long and thanks for all the fish” column will appear next week. As for future plans, watch this space 2/

How do firms respond when faced with climate shocks? Tarikua Erda's research examines how firms adjust physical capital investment and entry/exit decisions, providing key evidence to a long-standing puzzle. (Among other interesting projects: www.tarikuaerda.com)

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Regression is a tool for making comparisons If you don't know / can't easily explain what comparisons you're trying to make, then you don't understand the regression you're running

Economists love using linear regression to estimate treatment effects — it turns out that there are perils to this method, but also amazing perks Come with me in this 🧵 if you want to learn about our now-published paper "Contamination Bias in Linear Regressions!" 1/ (Twitter rerun!)

AEA Journals@aeajournals.bsky.social · 2y ago

The December 2024 issue of the American Economic Review (114, 12) is now available online at aeaweb.org/issues/785.

2. Researchers *do* make many specification choices in the current environment. For example, functional form of the outcome (log vs. level?), set of controls (how many FE?), and the set of UNITS to include. We need to have a more balanced look at this trade-off.