Daniel Reck

1.4K posts

Daniel Reck

@danhreck

Hello Internet, it's Daniel. I am an Assistant Professor of Economics at the University of Maryland. My research interests lie in behavioral & public economics.

DC/Maryland Katılım Ekim 2016

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Rep. Jamie Raskin@RepRaskin·8 Haz

Enjoyed a glorious afternoon visiting with my wonderful constituents & listening to awesome music at WOODMOORstock. Lots of federal workers here hanging tough through a dark time—they’ll still be contributing to America long after Elon Musk & Donald Trump have been sent packing.

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Canishk Naik@CanishkNaik·27 Kas

Hello! Excited to share my job market paper with #econtwitter I study how barriers to social assistance disproportionately screen out people with poor mental health—despite their high need. Summary below Paper: 🔗(canishknaik.github.io/pdf/MHSA_CN_JM…) @WelcomeEcon

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Daniel Reck@danhreck·2 Eki

@EndAllZoning @platanomics Of course there are. This was the puzzle Alan Manning solved. How can there be monopsony power with many potential employers? Answer: Search frictions.

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Daniel Reck@danhreck·1 Eki

@platanomics @coreeconteam We can agree that textbooks need to do a better job of covering recent developments in the field but I think it’s a silly reason to identify as heterodox. I also think you mistake pedagogy for ideology. There is a good pedagogical reason to teach competition before market power.

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Daniel Reck@danhreck·1 Eki

@brian_callaci @platanomics Are these ideas absent from the mainstream? See eg “equilibrium unemployment as a worker discipline device” (8000 cites!). Contemporary mainstream econ takes all these ideas seriously and tries to settle things empirically.

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Brian Callaci@brian_callaci·1 Eki

@danhreck @platanomics I would push back a little against the idea that the inclusion of monopsony exonerates the mainstream. Monopsony is an incomplete account of capital's power: also workers lack independent access to productive assets, there's a command/obey relationship inside the firm, etc.

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Gabriel Chodorow-Reich@gchodorowreich·30 Eyl

Hassett and Clingenpeel cite (indirectly) my work with @omzidar , Eric Zwick, and Matt Smith as finding that the 2017 TCJA ("Trump tax cut") increased domestic investment 20%. This is not accurate and significantly overstates the TCJA's investment effects. wsj.com/opinion/kamala…

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The Hamilton Project@hamiltonproj·25 Eyl

Read the proposal: hamiltonproject.org/publication/po… Tune in today at 10:30 AM EDT to hear from @RonWyden, @WendyEdelberg, @dashching, @lilybatch, @WilliamGale2, and more on partnership tax: hamiltonproject.org/event/taking-o…

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NBER@nberpubs·24 Eyl

Creation of a secure query system for IRS's Statistics of Income program can bolster evidence-based policymaking and program evaluation for state and local governments, from Amy O'Hara, Stephanie Straus, Ron Borzekowski, Paul Arnsberger, and Barry Johnson nber.org/papers/w32969

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Daniel Reck@danhreck·22 Eyl

@economeager I thought he was defending the Savage axioms but I guess it’s potato-potahto

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Rafe Meager (they/them)@economeager·22 Eyl

Thank you Ben Golub for defending my lady (the Kolmogorov axioms)

Ben Golub@ben_golub

Thanks for being so civil and generous in your reply here! I didn't intend to cast doubt (right then) on the use of negative probabilities in models. But now that you bring it up, I'll ask: if there is a measurable set E of states in the model whose probability is negative, what is the price of a contract that pays $1 if E does not happen? Is that contract simply not allowed to be discussed in such models?

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Daniel Reck@danhreck·22 Eyl

@AniseNot In fact it has been studied! press.princeton.edu/books/paperbac…

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anise@AniseNot·21 Eyl

There are no fat parents at a gifted private school function. In fact there aren’t even any ugly parents at a gifted private school function, just saying. Very diverse crowd, but it’s like a well cast movie, everyone is pretty This should be studied

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Daniel Reck@danhreck·12 Eyl

@gp_mihalache I rather think the first of these is completely fine in a lot of optimal tax theory. I could say “spent on public goods” and introduce a bunch of notation for this but if it wouldn’t matter for my results, why bother?

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Daniel Reck@danhreck·11 Eyl

Good on David Muir for following up to the heart of the disagreement

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Daniel Reck@danhreck·11 Eyl

Oooh debate starting right off with some fiery exchanges about tax incidence I am excited

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Daniel Reck@danhreck·6 Eyl

“Mexico will pay for the border wall” but for all public spending.

Kimberly Clausing@KClausing

So far Trump's using this inefficient and regressive tax for (a) tax cuts >> his suggest tariff take (b) a complete replacement of the income tax?! (c) childcare! (why not?) and (d) a sovereign wealth fund. Last time, much of $ went to farmers hurt by retaliation. Sheer fantasy.

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Daniel Reck@danhreck·3 Eyl

@besttrousers @economeager God Emperor: a special bond beteeen a Half-worm half-man and his…cousin 1000 times removed I guess??

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Matt Darling 🌐🏗️@besttrousers·3 Eyl

@danhreck @economeager Niece and her uncle.

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Rafe Meager (they/them)@economeager·3 Eyl

Incredible choice of photo

Film Updates@FilmUpdates

3 years ago, ‘DUNE’ premiered at the Venice Film Festival.

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Daniel Reck@danhreck·3 Eyl

@economeager @besttrousers Dune: Messiah, a charming tale about a VERY special bond between a boy and his sister.

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Rafe Meager (they/them)@economeager·3 Eyl

@besttrousers Check out the dune movie about the special bond between a boy and his dad! To be continued in dune 2 movie about the special bond between a boy and his mom!

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Daniel Reck@danhreck·2 Eyl

Another reason these toy examples involving publicly traded stock or houses are less relevant than one might expect

Owen Zidar@omzidar

The discussions of unrealized capital gains for the very rich (ie those with wealth exceeding $100M) are often missing a key fact - two thirds of unrealized gains at the very top is from gains in private businesses (From SCF data eml.berkeley.edu/~yagan/Capital…) @jasonfurman @MargRev

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Keşfet

@WelcomeEcon @platanomics @coreeconteam @brian_callaci @omzidar @RonWyden @WendyEdelberg @dashching