Justin Katz

Super cool new paper by my (brilliant) friend @jdikatz. People reacted much differently to liquidity from the CARES Act student loan pause vs direct stimulus. This changes how we should think about, for example, the effects of the pause on inflation papers.ssrn.com/sol3/papers.cf…

@tuchardonnay @joel_bkr @jburnmurdoch @sophgaston @kartikvira ... or if the question didn’t prime people to think of government dishonesty, and instead asked whether the government accurately represented impact of immigration

@joel_bkr @jburnmurdoch @sophgaston @jdikatz @kartikvira Disappointing. I wonder how different the numbers would be if the question was just about general honesty of the government.

Astonishing stats on immigration conspiracy theories in @sophgaston's new report. Plurality of supporters of *every* major British & American political party believes government is hiding the true social & economic costs of immigration That's Democrats, Labour, Lib Dems, Greens

Migrants from Nigeria earn, on average, 16 times more in the US compared to their age- and education-equivalent peers in Nigeria. And so on for other countries w/the median being around 4.5 times. Great paper by @m_clem, Montenegro, Pritchett cgdev.org/sites/default/…

Prediction markets could predict which psychology results would fail to replicate. theatlantic.com/science/archiv…

For years, Conan O'Brien has tried to book one guest. That guest keeps saying no. On Conan's quest to book....Robert Caro nytimes.com/2018/08/24/sty…

My paper on airlines and common ownership with Isabel Tecu and @martincschmalz is now published (including replication package): onlinelibrary.wiley.com/doi/abs/10.111… @JofFinance

@joel_bkr Internalizing the externality — I like the way you’re thinking

@jdikatz that's it, im starting a civil-litigation-swear-jar

it is tempting, if the only tools you have are an NLP algorithm and zero burmese speakers, to treat everything as if it were an engineering problem twitter.com/jason_koebler/…

I had no idea this proposal has been around for so long:

@JiahuiWho The Power Broker (first Caro book)

Robert Moses, the original Ray Dalio

@mayasweedler 19, but I’m on page 50

Yet another photo of author Robert Caro wasting the entire day in front of Facebook.

SLS professor @HankGreelyLSJU weighs in on the controversial business of cloning dogs @VanityFair with @Duncande: stanford.io/2OjodyV

Absolute mobility is dropping across the income distribution. But which group is seeing the biggest declines? brook.gs/2mHpfc8

Interesting paper that treats location as an asset that people sell by moving to cheaper places with fewer opportunities. So falling US internal migration means rising wealth inequality as people with no financial assets stop buying location assets nber.org/papers/w24867.…

This recent Supreme Court ruling will further cement our nation's growing wealth divide: brook.gs/2tzVkqh

The Benefit of Having the Same Name as a Police Officer Great working w/ @CassSunstein @tannerhicks42 on @nytimes piece that used speeding tix data to show that prob of getting a ‘mercy ticket’ increases if u have same name as officer that pulls u over nyti.ms/2naai2z

Three years after a newspaper closure, municipal bond yields in that county increase by 0.05 to 0.11 percentage points: brook.gs/2uuRkrE

In 1979, between 11 percent and 18 percent of firms were new in any given industry; by 2014 only 4 percent to 9 percent were. What that means for the U.S. economy: brook.gs/2sTy9qy