Sydnee Caldwell
@SydneeCaldwell
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Labor economist. Assistant professor @BerkeleyHaas (EAP) & @BerkeleyEcon
Berkeley, CA
Joined June 2009
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@Austan_Goolsbee
@NobelPrize
He was also objectively bad. Look at Figure 5A of our paper. The random detour on the waterfront was, I am told, not part of the route. Unclear Josh knows that's the trip receipt I chose to put in....
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labor economist presenting a public finance paper. what could possibly go wrong?
.
@SydneeCaldwell
dives into one of the weirdest aspects of our weird tax system: refunds and the effects of their uncertainty
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NEW PAPER: Scott Nelson (
@ChicagoBooth
), Dan Waldinger (NYU) and I just updated our paper, “Tax Refund Uncertainty: Evidence and Welfare Implications”. (LINK) THREAD 1/10
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Great coverage of economics at
@UCBerkeley
. Completely agree w/
@rothstein_jesse
: “If you want to do labor economics, or public [policy] economics, you can make the case that Berkeley is the place to come."
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REMINDER: Gregor Jarosch,
@Schoefer_B
, Isaac Sorkin and I are organizing a Stanford Institute for Theoretical Economics (SITE) session on the Micro and Macro of Labor Markets on 8/6-8/7 August 6 at Stanford.
Submission due 5/15 here: (scroll down)
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Very grateful to
@UpjohnInstitute
for supporting my research (stay tuned for joint work w/
@HaegeleIngrid
!)
Congratulations to all of the other awardees -- I'm excited to see all of the
#ECRA
papers!
This year's group of Early Career Research Awardees is the largest in the program's 16-year history, with 19 researchers receiving
#ECRA
awards. A full list of winners is at
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Beyond thrilled to have Carolyn (
@carolyn_sms
) join us at
@BerkeleyHaas
@berkeleyecon
(after her post-doc). Looking forward to being colleagues!
I don't want to steal her thunder, but I am just so happy and proud that Carolyn Stein
@carolyn_sms
will be joining
@BerkeleyHaas
next year and I need to share! Carolyn and Ryan Hill
@RyanReedHill
papers on science and innovation are among the most creative pieces I have seen.
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Reminder to apply for our pre-doctoral research assistant position at UC Berkeley!
🚨🚨 We are looking for pre-doctoral research assistants at UC Berkeley 🚨🚨
Great opportunity for those planning to pursue a Ph.D. in Economics. Details here:
Please share/retweet 🙏
#EconTwitter
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Congratulations David!
Afternoon celebration with the labor group! Congratulations David! Looking forward to more wine together!!
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For monopsony researchers -- the new ILR Review has (1) a review article by Alan Manning and (2) A meta-analysis by Anna Sokolova & Todd Sorensen. Ungated.
January 2021 issue! Articles and book reviews on monopsony, labor markets, underemployment, job-search outcomes, cross-border mergers, industrial policy in China, occupational licensing, union commitment, the sweatshop regime in India, and more
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Had a great time at
#SED2023
in beautiful Cartagena
So very grateful for everyone who attended this year’s
@SEDmeeting
in beautiful Cartagena! Non of this would have been possible without your wonderful papers, positive attitude, and great energy. Three days I will never forget. 1/4
#SED2023
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Fantastic paper on the min. wage by Cengiz,
@arindube
, Lindner & Zipperer officially forthcoming at the QJE
Pleased to announce that our paper quantifying the overall effect of US minimum wages on low-wage jobs is now forthcoming at the Quarterly Journal of Economics.
Here's the current version:
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Excited for "Firms and Wage-Setting" at
#ASSA2020
! Sunday 8-10 AM @ the Marriott Marquis feat.
1.
@HjortJ
, Li, & Sarsons
2. Drenik,
@simon_jaeger
, & Schoefer
3.
@EDerenoncourt
, Noelke, & Weil
4. Caldwell &
@DanieliOren
Abstracts in photos. More info:
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.
@AndreasKostol
,
@HaegeleIngrid
and I are hiring a post-doc
@bi_dep_econ
to work with us on a set of personnel/labor economics projects using linked survey-administrative data. Project funded by the Norwegian Research Council. Apply: . Deadline March 15
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Fascinating EconTalk episode with Daron Acemoglu. Lots of interesting things, but my favorite part was the discussion of the importance of creating good jobs (related: )
This week's EconTalk is
@daronacemogIu
making the case for good jobs over redistribution. Lots of good-natured disagreement and a little bit of agreement that we eventually discover.
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@arindube
thanks for inviting me, and for the comments in the talk! The entire day was wonderful - even including the travel (stopped to take this)
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I was very happy to present my paper with
@EmilyOehlsen
at NBER summer institute yesterday! Thanks to everyone for the feedback. Draft available here:
I looove a paper that pairs a well run RCT with a non-experimental change. So that is why I love this paper that
@SydneeCaldwell
just presented that runs an RCT before/after Lyft left the Houston ride share market to find women have much higher wage elasticities than men
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3 days left to submit to the SITE Micro and Macro of Labor Markets! (deadline: May 15)
Call for papers:
The Micro and Macro of Labor Markets
at SITE / Stanford
August 6-7
Submit your papers here:
Deadline next week: May 15
Decisions/notifications by June 1 = quick turnaround! Org:
@SydneeCaldwell
, Gregor Jarosch, Isaac Sorkin, I
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Great thread. Reminder: Concentration (or size) is one source of market power in the labor market, but not the only one
A short thread on monopsony.
Great to see burgeoning in labor market power.
I'm not convinced, however, that most research is focused in the right direction.
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Interesting thread (quoted) on Joan Robinson -- the economist who coined the term "monopsony"
A few things I recently learned working on Robinson (I only knew abt her capital controversy period), & a
#CanIhaz
1/Her 1st serious publication was a defense of writing abstract simplified models : a serious subject is “neither more nor less than its own technique,” she wrote
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Really useful resource for grad students interested in labor market dynamics
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Great thread by
@NataliaHEmanuel
summarizing her work with
@emma_k_h
and Mandy Pallais.
Decreased proximity & WFH increase older workers' productivity. But young workers (esp. women) receive less mentorship, see slower career trajectories.
Despite huge advents in IT, it took the pandemic to unlink office work and the office. Why were workers so tied to the office? How does the office impact on-the-job training & output?
🧵 on work w/
@emma_k_h
and Mandy Pallais
Presented at NBER SI Mon @ 9AM
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Great article discussing Tom Wollmann's (awesome) "stealth consolidation" paper -- full draft here:
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Come see
@DanieliOren
present our work at ASSA -- as a bonus there is apparently breakfast for attendees!
Wage Structure, Covenants Not to Compete, and Nonwage Benefits
Featuring
@ericagroshen
@SydneeCaldwell
@randyalbelda
@evanpstarr
@mioana
@hj_rho
@zayetz
+
Breakfast for attendees.
#LERA2020
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Great thread on an important paper by
@conradcmiller
"Racial Divisions and Criminal Justice: Evidence from Southern State Courts," by Ben Feigenberg and Conrad Miller, recently accepted at AEJ: Economic Policy. This paper is essentially about how controlling black citizens might motivate a punitive criminal justice system.
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Another great but depressing paper by
@saskatchewin
Female surgeons are more punished more than their male colleagues for patient deaths
Negative spillovers onto other female (but not male) surgeons
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Excited to see this in print - Thanks to
@vbolotnyy
and coauthors for documenting such important facts.
Forthcoming in the JEL: "Graduate Student Mental Health: Lessons from American Economics Departments" by Valentin Bolotnyy, Matthew Basilico, and Paul Barreira.
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Great summary of
@annastansbury
's work on socioeconomic diversity in economics (focusing on the results for US born PhD's)
Among US-born Econ PhD's *two thirds* (!) have a parent with a graduate degree. Among top 15 PhD programs, 78% have a parent with a graduate degree.
New column!
First-generation academics were always rare. Now they’re vanishing.
You’ve probably seen
@annastansbury
’s brilliant work on econ’s lack of socioeconomic diversity, but what’s driving it, and what does it mean?
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@JADHazell
@AnthonyLeeZhang
@ben_golub
@cabralestweet
that young workers who graduate in "bad" times seem to rely more on connections to get jobs (). Recent work () comparing different types of networks, but still LOTS to be done (2/3)
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@saskatchewin
@shoshievass
I think you underestimate economists' ability to complain about a single picture for 90 minutes.
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Happy to be included in the labor market session of
#MD4SG2020
this morning! Great session - learned a lot from the other presenters!
Labor Markets sessions at
#MD4SG2020
include research by
@LukasBolte_
on inequality in referrals,
@chikaokafor_
on institutional discrimination,
@SydneeCaldwell
on outside options influence, Adrien Bilal on unemployment geography and
@MilenaAlmagro
on endogeneity of amenities
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Congratulations
@joonastuhkuri
and
@HaegeleIngrid
!
Upjohn Institute 2022 Dissertation Award first-place winner
@joonastuhkuri
's dissertation "Essays on Technology and Work" for
@MIT
points to an important class of technologies whose adoption neither reduces employment nor requires a more skilled workforce. (1/2)
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Excited to be in Berlin today!
Looking forward to an awesome set of labor talks in Berlin today! Way to start a conference with the 30 years anniversary of the berlin wall coming down.
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Excited to see
@cmontialoux
win the 2020 Upjohn Institute Dissertation Award!
Congratulations to our 2020 Dissertation Award winner and honorable mentions! This year's winner is Claire Montialoux, ENSAE Paris Tech-CREST Polytechnique, for "Essays on the Redistributive Effects of the Minimum Wage."
@cmontialoux
@GoldmanSchool
(1/2)
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Congratulations Nina!
* Some professional news * : I am thrilled to be joining
@MITEcon
as an AP, after a postdoc at
@LSEEcon
.
I am forever grateful to the
@berkeleyEcon
community -esp. my advisors Pat Kline,
@gabriel_zucman
&
@HilaryHoynes
- and excited to join a group of scholars I greatly admire!
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Excited but not surprised my brilliant coauthor got the young labour economist prize from
@eale_sbe
for her wonderful (sole-authored) paper on talent hoarding! Congrats
@HaegeleIngrid
!
Thrilled to have received the Young Labour Economist Prize from
@eale_sbe
for my paper on Talent Hoarding in Organizations. If you are curious about the paper, come join the Personnel session G09 on 09/18 at 1.45pm CET.
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Excited to hear
@EDerenoncourt
on NPR - discussing the history of the minimum wage
So I went on NPR 😱 to say that the $15 MW needs to be put in historical context--it's part of a decades-long mvt for racial equity and dignified work. Citing joint work with
@cmontialoux
:
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@JADHazell
@AnthonyLeeZhang
@ben_golub
@cabralestweet
it's hard to figure out who people actually know w/o a survey, but you can construct lots of things -- coworker/family/classmate networks -- using linked employer-employee data (at least coworker networks in LEHD). (3/3)
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@mioana
@ElizaForsythe
@arindube
@snaidunl
If the offer signals some change in *market conditions it may still be privately optimal (in partial eq) for the firm to offer a (likely smaller) raise to similar workers so they don’t search for another offer.
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Very happy to be visiting the Richmond fed this week for CORE week.
@SydneeCaldwell
of
@BerkeleyEcon
offers the last visitor seminar for
#EconCOREWeek
on “Bargaining in the Labor Market."
#EconTwitter
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Worth reading:
@metrics52
is answering questions about economics and data science on Quora! You can request questions here:
My answer to With respect to careers in data science and analytics, what advantage or unique value is there in graduate studies in econometrics when compared with statistics, engineering, or computer science?
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Wonderful interview with
@hannahrubinton
When tackling math, computer code or other potential stumbling blocks, “Sometimes walking away from it is the best thing you can do,” says
@hannahrubinton
. Hear more in our latest
#WomeninEconomics
podcast
#WomeninEcon
#EconTwitter
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@steventberry
@mioana
@gabriel_mathy
@Noahpinion
@DrewMeseck
@elben
@EconTalker
@David_S_Kaplan
@Econ_Marshall
@joseazar
@EricPerless
@arindube
@snaidunl
@judy_chevalier
@mioana
is referring to the #'s I get for drivers who were restricted to a single platform (Lyft left Houston for a short period and I ran experiments pre/post return). intensive margins elasticities for people w/ access to both are similar to
@judy_chevalier
's paper
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@JADHazell
@AnthonyLeeZhang
@ben_golub
@cabralestweet
there are a few papers that show that unemployed (mass layoff) workers who have more connections who are employed (esp in good firms) recover faster relative to their same estab peers (e.g. - other examples in other countries) and 1/N
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@abiylfoyp
@arindube
Definitely unusual-- most of the grad students in top programs are from fairly atypical (higher education/income) families. I love the
@vbolotnyy
et al. mental health paper, which provides some descriptive stats for MIT/Harvard grads.
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@ProfNoto
There were some interesting stats in the grad student mental paper by
@vbolotnyy
et al. (see photos). Note: the sample is not representative of *all* econ grad students-- they surveyed students at 8 schools
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Was very happy to present my work on gender differences in labor supply (to the market and firm) at NTA today (and in sunny Florida!)
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Not sure if this wins for largest # of appendices (appendix G?!?!)
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Sad to miss the bike tour but very much looking forward to an exciting conference in Rome!
Tomorrow we host the 5th Eief Junior Applied Micro Workshop. We are looking forward to a two-day event with our great speakers!
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@autoregress
@michaelstepner
@abhishekn
I think
@autoregress
should start a mailing list so we can subscribe to metrics updates
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@delong
@leah_boustan
Ha but I’m from MIT and love questions! I thought people were quiet at the beginning because so many had already seen it (in my fall labor lunch at Berkeley)
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Labor supply and lease aversion of Uber drivers. VOXEU summary of my work with
@metrics52
and Jonathan Hall.
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@equitablegrowth
@AEAjournals
@EDerenoncourt
@profsheena
@martha_j_bailey
@S_Stantcheva
Thanks for including us and for producing these great round-ups! We are honored to be on the list (
@DanieliOren
).
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@steventberry
@mioana
@gabriel_mathy
@Noahpinion
@DrewMeseck
@elben
@EconTalker
@David_S_Kaplan
@Econ_Marshall
@joseazar
@EricPerless
@arindube
@snaidunl
@judy_chevalier
I'm almost done revising the paper and will attempt to do one of these twitter threads once I have the new version up
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@arindube
@snaidunl
@MITEcon
@davidautor
@leah_boustan
What Arin means to say is that we are definitely writing a paper without you now
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@RyanReedHill
@BYUecon
@KelloggSchool
Congratulations, Ryan &
@sarahlynnhill91
! So happy for you both!
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@jglouzao
@PawelAdrjan
@annastansbury
@idsc_bonn
@CAISnrw
@gregorschub
@Bledi_Taska
Thanks! I have a few papers on outside options- the one with
@DanieliOren
is actually even more related. In that paper we develop a method to estimate workers' outside options & then investigate whether differences in outside options affect between-group wage inequality. 1/N
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A simple two-period consumption model suggests that refund uncertainty reduces the welfare benefits of the EITC by about ten percent. 10/10
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@saskatchewin
@snaidunl
@wwwojtekk
@benconomics
@ikuziemko
@gabriel_mathy
@MichaelSLinden
@TrineeshB
@lenburman
@kpomerleau
Way to leave that out on the booth recruiting call
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@Austan_Goolsbee
@NobelPrize
This seems to have had a wider audience than anticipated. Sorry Josh! (
@metrics52
)
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@AGarnero
@annastansbury
Nothing new! Just a panel discussion. Briefly mentioned some summary stats from new surveys, but I’m a few months from presenting the main results!
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Really interesting work on wealth inequality & the role of inheritances
Just revised paper with
@arash_nekoei
on inheritances and wealth inequality. [Tl;Dr] While most heirs deplete the inheritances, the inh. of wealthy heirs remain intact -> higher wealth inequality over time.
#EconTwitter
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@carolyn_sms
@m_bombardini
@BerkeleyHaas
@berkeleyecon
Can't tell if this is COVID, the job market, or (most likely) both :)
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@oliviaskim215
@BlueprintMIT
*So* excited for/proud of you! Congrats to you and to HBS EM on such a great match! We’ve come a long way since our seii days!
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Great profile of David Autor from the Minneapolis Fed.
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@abiylfoyp
@arindube
@vbolotnyy
I should say that's not at all my background (a big part of why I started paying my undergrad RAs as soon as I got my research budget this fall was that I remember missing out on these types of opportunities as an undergrad because I needed money, not "course credit")
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RESULT 2: Refund uncertainty affects financial behavior. Using a panel of credit reports we show that, controlling for refund size and for filer characteristics, more uncertain filers borrow less ex ante, consistent with precautionary behavior. 8/10
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@jglouzao
@PawelAdrjan
@annastansbury
@idsc_bonn
@CAISnrw
@gregorschub
@Bledi_Taska
@DanieliOren
using (1) a Bartik instrument and (2) the introduction of high-speed commuter rail stations. We find that differences in outside options explain about 30% of the gender gap in Germany, and that most of this is due to differences in commuting distance. 3/3
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@delong
@leah_boustan
Thanks! I gave all of the labor economists their own hour in which to ask questions in November. Pat of course always has more. ;)
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@Econ_Marshall
@A_W_Gordon
@sanjuktampaul
@mawnikr
@brian_callaci
@arindube
@Simon40652801
Also, this was a very helpful reminder that I'm now 2 months late on my self-imposed deadline for revising this paper.
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@saskatchewin
@josh_t_dean
pretty sure we spelled your name correctly on the title page, but no promises.
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@arindube
That's a great idea (and I like that paper!)! I have not done that yet, but definitely could.
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@HjortJ
@annastansbury
@albrgr
@tlebarbanchon
@rolandrathelot
@alexandraroulet
@AlineButikofer
@KatrineLoken
love this paper! We cite it in the new version!
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@SallyLHudson
So proud--- I only wish I could have voted for you! Can't wait to see you what you do!
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@SallyLHudson
@economeager
@jim_savage_
and what should we infer if we did not get infinite history likes? :)
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