data and economics and #rstats
Wurundjeri Country
Joined April 2009
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Will Mackey retweeted
I love Python but i would never use it for data analysis. The UI (including command syntax) of Stata is superior.
UI is important, especially for new users.
Which is why we’re building a Stata-like data package in Julia: codedthinking.github.io/Kezd…
Will Mackey retweeted
Sports betting legalization reduces net investments of households by nearly 14% overall.
$1 of sports betting reduces net investment
by over $2, increases credit card debt, but has no effect on participation in lotteries or other online gambling
outlets.
papers.ssrn.com/sol3/papers.…
Will Mackey retweeted
All listed AFL players can be plotted, with their models scaled by height, to view entire team lists and their reported injuries.
Will Mackey retweeted
What could a visual illustration of #AFL injury lists🩹look like?
Of the 161 current injured players (19.9%), injuries most commonly occur in the thighs (hamstring and quad), ankles, knees and brains.
Will Mackey retweeted
Interesting post by Dan
dlm-econometrics.blogspot.co…
FWIW, I would welcome more papers like this submitted to @restatjournal!
Will Mackey retweeted
Are rising profit margins a source of significant inflation amplification? Not according to Australian micro data.
Will Mackey retweeted
This book will give you superpowers:
R for Data Science
2 Years ago, I started my #rstats journey with this book. And since then, I've used what this book taught me every single day.
Absolutely best place to get started with R. And it's free. 🥳
r4ds.had.co.nz/
Will Mackey retweeted
It's stronger than this. Take into account the non-linearities of having *a lot* of vacancies and *very few* unemployed, then we were "back to normal" in terms of match efficiency around 2022:Q2. Contra the GR, deteriorated for a decade (see: aeaweb.org/articles?id=10.12…)
Will Mackey retweeted
I don’t understand people who are stingy with co-authorship
Especially for grad students and junior faculty
Sharing credit reflects well on you as an advisor, mentor, person
BONUS!
when they become stars you get their reflected glory
Will Mackey retweeted
"Mike, a Beveridge Curve for each state to go with the JOLTS numbers? Really? You already got the BLS to start throttling database access such that #econtwitter had to innovate a workaround. Now this?"
We're just getting started.
Will Mackey retweeted
For people that doubted that our education system was struggling as much as I said, see for yourself. A whopping 25% of American students in the bottom quartile on standardized tests
Will Mackey retweeted
What does the average #AFL player look like?
Layering semi-transparent AFL headshots of all 2022 players yields this bloke:
Will Mackey retweeted
If you are worried about "AI causing mass unemployment" listen to economists who have studied the impact of technological revolutions on the labor market, like @erikbryn .
DO NOT listen to computer scientists who are concerned by the social consequences of their work.
Will Mackey retweeted
“It wasn’t supposed to be possible for job openings to decline by as much as they have declined without unemployment going up." - Chair Powell
Could the Fed achieve the unprecedented?
nytimes.com/2023/05/04/busin…
Will Mackey retweeted
Best data stack I’m seeing in new startups:
Excel database
Lenovo in the IT closet for hosting
Literally nothing for ORM
Yelling “Hey can someone exit the Excel file” as an admin panel
3D pie charts in PowerPoint for BI
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