Ashley Craig 🇺🇦 @ash_craig Twitter profile

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Ashley Craig 🇺🇦

@ash_craig

1 month

Retweeting this so I can pin it. But if that caught your attention, you should read the paper, obviously.😇

Clémentine Van Effenterre

@ClemVaneff

2 months

📝 New Working Paper “Decoding Gender Bias: The Role of Personal Interaction” with @amer_5 & @ash_craig \begin 🧵 #EconTwitter ⤵️ 1/11

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Ashley Craig 🇺🇦

@ash_craig

3 years

Economists do care about inequality, and do support policies to reduce it. They don't believe markets are perfect, or even that markets should be used at all in some cases. A large fraction of our work is on these topics. Spread the word, and reduce some of these misperceptions!

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Ashley Craig 🇺🇦

@ash_craig

3 years

Why can't the Australian government make rational decisions about anything to do with Covid-19 vaccinations? Latest case: you can't register overseas vaccinations unless the vaccine was approved in Australia *at the time of vaccination*, regardless of whether it is approved now.

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Ashley Craig 🇺🇦

@ash_craig

4 months

Covfefe. I worked out what it meant. It’s the covariance between fixed effects.

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Ashley Craig 🇺🇦

@ash_craig

2 years

📢In mid-2023 I will be leaving the Michigan, and joining the Australian National University. More below but TLDR: 1. I will miss UM and its people. It's been a fantastic place to launch my career. 2. At the same time, I'm very excited to join a very exciting new group at ANU!

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Ashley Craig 🇺🇦

@ash_craig

3 years

𝐏𝐚𝐧𝐝𝐞𝐦𝐢𝐜 𝐥𝐞𝐬𝐬𝐨𝐧. No one should be allowed to leave school without showing they understand Bayes rule. Whatever the cost. Next pandemic, people will be ready to understand the statistics they are seeing.

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Ashley Craig 🇺🇦

@ash_craig

4 years

A take on the minimum wage I think is uncontroversial. Economists who say they don't want to raise it are not saying that they don't care about helping low income workers or reducing inequality. They are saying *they* think there are better ways of achieving those ends.

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Ashley Craig 🇺🇦

@ash_craig

3 years

𝐓𝐢𝐩 𝐟𝐨𝐫 𝐟𝐨𝐫 𝐩𝐚𝐫𝐞𝐧𝐭𝐬. When preparing your infant for a PhD in economics, start with calculus and real analysis. Economics is good too, but it's a bonus.

Rhiannon Jerch

@RJerch

3 years

Bedtime just got a lot more serious

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Ashley Craig 🇺🇦

@ash_craig

3 years

PhD students tend to be a lot happier and more relaxed once they are finished with being PhD students.

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Ashley Craig 🇺🇦

@ash_craig

3 years

Nice to see my JMP come out after years of work! 🎉 📃 The paper studies optimal policy w/ labor market distortions due to imperfect info (employer learning, statistical discrimination, job market signalling). Please cite, especially if relevant! 😉 🧵:

AEA Journals

@AEAjournals

3 years

Forthcoming in AEJ: Economic Policy: "Optimal Income Taxation with Spillovers from Employer Learning" by Ashley C. Craig.

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Ashley Craig 🇺🇦

@ash_craig

3 years

Working on an R&R. So many great referee suggestions. But what should I call the appendix after Appendix Z?

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Ashley Craig 🇺🇦

@ash_craig

2 years

Non-parent: "Ah, the weekend... The work week is so exhausting." Parent: "Ah, the work week... The weekend is so exhausting."

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Ashley Craig 🇺🇦

@ash_craig

2 years

PSA: When economists say a policy is "optimal", that means it maximizes a particular objective in the model they wrote down. That's not interchangeable with "you should adopt the policy". It does not even imply you could actually *get* the policy adopted.

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Ashley Craig 🇺🇦

@ash_craig

4 years

𝐉𝐌𝐂𝐬: 1. Many factors affect your JM outcome beyond the quality of work → you cannot infer much re: its quality from outcomes 2. It says even less about your ability as a researcher 3. It says NOTHING about your value as a person 4. 1-3 more true this year than ever

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Ashley Craig 🇺🇦

@ash_craig

4 years

Message from Esther Duflo (AER Editor): Referees need to be more positive, and top journals would publish more papers. "There's no page constraint on journal issues."

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Ashley Craig 🇺🇦

@ash_craig

2 years

The @umichECON grad students voted me "Best Professor" again (joint with Yuehao Bai and Chris House this time). 😊

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Ashley Craig 🇺🇦

@ash_craig

3 years

#EconTwitter , you asked what "utility" means? Now we know.

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Ashley Craig 🇺🇦

@ash_craig

3 years

I never did real analysis. Do I have to resign after admitting that? 🥺

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Ashley Craig 🇺🇦

@ash_craig

3 years

People in our (or any) profession would be happier and healthier if we didn't imply to each other that doing things other than work is a waste of time.

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Ashley Craig 🇺🇦

@ash_craig

1 year

Dear (mainly Aussie) non-economists, The following are not contradictory. 1. Economists care a lot about unemployment, GDP etc, inequality etc. 2. We don't think overruling the RBA helps with all that, and probably makes things worse in the long run. It has in other countries.

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Ashley Craig 🇺🇦

@ash_craig

6 months

Reasons to do a PhD in economics: 1. It’s intrinsically rewarding. 2. It leads to jobs that are intrinsically rewarding. 3. Great job prospects in other ways. High pay, option to have influence. Reasons not to do one: 1. Most find it stressful. 2. Other paths are also good.

Nate Silver

@NateSilver538

6 months

Real, non-trollish life advice: If you're a smart young person and you really want to go to graduate school, then by all means go. But if you're on the fence, probably don't. That's not where the action is. And it's not where the action is going to be for the foreseeable future.

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Ashley Craig 🇺🇦

@ash_craig

3 years

Conditional accept!🎆🎇

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Ashley Craig 🇺🇦

@ash_craig

7 months

Our pre-birth *hospital-run* course told us that breastfeeding -> baby iq higher by 7 pts. I looked up the study. It had mother’s IQ and did not control for it. When they did it went away. Even for researchers more honest than that, controlling for observables is not enough.

Chris Said

@Chris_Said

7 months

Thread of bad maternal health research that caused needless panic. 1. Breastfeeding was linked to higher offspring IQ. But the effect disappears in sibling control studies (same mother breastfeeds one child but not the other)

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Ashley Craig 🇺🇦

@ash_craig

3 years

Some non-contradictory things: (1) You can get into an econ PhD without real analysis (2) Those who do have other apparent strengths (3) Doing it will help you get in, ceteris paribus (4) For some people it's useful during the PhD and after; for others it's not

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Ashley Craig 🇺🇦

@ash_craig

3 years

Since I am trying to learn the guitar, are there any ancient guitar texts I should be reading? #GuitarEconTwitter

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Ashley Craig 🇺🇦

@ash_craig

2 years

Subtweet (1/2). Some of you, whom I respect a lot, have a flaw. While professing to welcome conservatives to economics, you post tweets that disparage people or their research if that research conflicts with what you think (in a way you wouldn't if it aligned with your views).

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Ashley Craig 🇺🇦

@ash_craig

2 years

Proposal: Elon Musk should buy Gmail too, and then apply a very small tax per email sent. He makes money, we all get less email. Win, win.

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Ashley Craig 🇺🇦

@ash_craig

3 years

It's frustrating to see people attack economics for being something that bears no relationship to how I experience it. People misuse economics. Sometimes that is academic economists. Mostly it isn't. There are *plenty* of valid criticisms of econ. Focus on those instead!

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Ashley Craig 🇺🇦

@ash_craig

3 years

Plenty of new evidence today that straw versions of economists and economics live rent-free in some peoples' heads. If only real economists could live rent-free too...

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Ashley Craig 🇺🇦

@ash_craig

3 years

I had decided WFH via Zoom was not so bad. But today I finally went back to the office. Zoom sucks.

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Ashley Craig 🇺🇦

@ash_craig

9 months

Dear media friends, *Please* don’t cite economists as being renowned, leading, great, or anything like that. Especially if they aren’t those things, but the point is more that you should explain arguments, not appeal to authority. Thanks. ☺️

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Ashley Craig 🇺🇦

@ash_craig

3 years

More than two years after I completed my PhD, I have regained access to the data required to publish my second dissertation chapter! #party #covidsucks

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Ashley Craig 🇺🇦

@ash_craig

3 years

Question for #EconTwitter : What's the best evidence you know of that early job matches have persistent impacts on your whole career?

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Ashley Craig 🇺🇦

@ash_craig

2 years

Hateful attacks on Russians in the US & elsewhere are misguided. We should welcome them & invite more. Especially (not only) if they have useful skills to poach! Reverse boycotts, deliberately going to Russian restaurants, help Russian immigrants etc., seem better than boycotts.

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Ashley Craig 🇺🇦

@ash_craig

3 months

I think the real problem with the US is that it’s almost impossible to get high quality versions of these three things at any cafe for any price.

Erik Fossing Nielsen 🇪🇺 🇺🇦

@ErikFossing

3 months

Wednesday morning in central Milan: Double macchiato, freshly pressed orange juice, freshly baked croissant. Grand total EUR 8.00. Tell me of any place with better value-for money!

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Ashley Craig 🇺🇦

@ash_craig

11 months

I find this discussion about which fields are smartest based on GRE scores particularly annoying on so many levels. (1) The GRE is a silly narrow test. (2) Selectivity based on GRE tells you nothing without lots more info. (3) Even if it did, who cares?? Plz stop.

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Ashley Craig 🇺🇦

@ash_craig

4 years

@PHDcomics And the pandemic removed the pizza.

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Ashley Craig 🇺🇦

@ash_craig

3 years

For how long do I need to mute "Economics 101"?

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Ashley Craig 🇺🇦

@ash_craig

6 months

Indeed. Let people build housing. Then it will be more affordable.

derek guy

@dieworkwear

6 months

we need to build more affordable housing

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Ashley Craig 🇺🇦

@ash_craig

2 years

RIP our family cat Saturn, Jan 2004 - Apr 2022. 😐

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Ashley Craig 🇺🇦

@ash_craig

4 months

Always nice to see a paper come out in print. 📜 This paper is unusual in that it proved simpler than expected. We draw parallels between the economics of tax evasion and tax misperception, and provide what we hope is useful policy analysis for both.

Tax Knowledge and Tax Manipulation: A Unifying Model | Journal of Political Economy Microeconomics:...

We provide a unified analysis of taxation and taxpayer education when individuals misunderstand complex tax systems. The analysis is independent of whether income is earned legitimately, or by...

www.journals.uchicago.edu

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Ashley Craig 🇺🇦

@ash_craig

9 months

@Alex_3175 @BachmannRudi IMO, the accusations don’t need to be proven for this to be a very bad decision. It’s not a court. It’s a decision to promote someone who may pose a major risk to others, and will rationally deter them from participating in an important institution. It also signals indifference.

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Ashley Craig 🇺🇦

@ash_craig

3 years

Revised and resubmitted. 🤞

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Ashley Craig 🇺🇦

@ash_craig

2 years

New #LEGO set, which is definitely for my son and not for me because I am an adult and too old for that.

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Ashley Craig 🇺🇦

@ash_craig

3 years

Roadmap paragraphs at the end of the introduction are useless. In fact, I am not sure I have ever heard someone say they liked them, but know many who say they feel they have to be there because other people think they should be. Do some of you actually like roadmap paragraphs?

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Ashley Craig 🇺🇦

@ash_craig

2 years

@nominalthoughts I rapidly learnt during my PhD that the answer to the usually silly question of "You have the same surname as X. Are you related?" was now usually yes.

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Ashley Craig 🇺🇦

@ash_craig

1 year

A quick note on submission to the new JPE Microeconomics. They really are efficient. Sample of 1 for me, but backed up by others’ experiences, I think?

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Ashley Craig 🇺🇦

@ash_craig

11 months

@bmwiernik Fixed it for you. OLS is meant to be BLUE.

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Ashley Craig 🇺🇦

@ash_craig

2 years

AI vs. American Coffee. Winner: AI.

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Ashley Craig 🇺🇦

@ash_craig

4 months

Folks, please stop trying to remove basic math from high school. Or from college entrance requirements. You’re setting kids up for failure in the century in which they are going to live.

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Ashley Craig 🇺🇦

@ash_craig

7 months

Today in “not a Pareto gain so who are we to say whether it’s good”.

Joey Politano 🏳️‍🌈

@JosephPolitano

7 months

Malaria nets may have protected hundreds of millions of people from one of the most deadly diseases in human history. But they have also occasionally been used for fishing. So it's impossible to say whether they're good or not.

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Ashley Craig 🇺🇦

@ash_craig

3 years

In our column, Matt Lilley and I argue 2 points: (1) ATAGI totally ignores benefits to others from AZ vaccination now rather than Pfizer later (2) Those benefits are very large The benefits to others would be more than enough to convince us personally.

ATAGI misses the point of the jab

We always encourage people to accept the health risk of vaccination for the good of society. The same should apply to the AstraZeneca vaccine to prevent harmful lockdowns.

www.afr.com

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Ashley Craig 🇺🇦

@ash_craig

3 years

🧵Time for a thread on my six amazing @umichECON job market candidates this year! They have a fascinating array of topics! Take a look, and you'll see why I think you should hire them.

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Ashley Craig 🇺🇦

@ash_craig

3 months

Rightly or wrongly, economists actually tend to think very little about what people “deserve”.

Associate Deans

@ass_deans

3 months

The economists keep telling me why the rest of the social sciences deserve to be paid less. It makes so much sense!

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Ashley Craig 🇺🇦

@ash_craig

2 years

How can we reduce hierarchy and the concentration of power in economics? Wherever you see people have power over others, it ends up getting misused by some, and in some horrifying ways.

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Ashley Craig 🇺🇦

@ash_craig

3 years

I am thinking of replacing my econometrics review lecture with a picture of a plane.

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Ashley Craig 🇺🇦

@ash_craig

1 year

Something for Australian (and other) journalists to learn here. There is a perception that forecasting recessions etc. is a meaningful part of what economists do. Virtually none of us try to do that. Aside from being very hard, it’s just not really what economics is about.

Jason Furman

@jasonfurman

1 year

The right way to predict recessions: admit you can't. Every year there is a 1 in 6 chance. Like rolling a die, get a 1 you have a recession, 2-6 you don't. Can raise/lower that probability a little bit based on circumstances. But we don't know enough to change it very much.

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Ashley Craig 🇺🇦

@ash_craig

11 months

The good jokes are migrating too. Get in on it.

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Ashley Craig 🇺🇦

@ash_craig

3 years

Early in the research stage of your PhD

dinosaur

@dinosaurcouch

3 years

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Ashley Craig 🇺🇦

@ash_craig

3 years

Given how slow the TGA is at approving any of these, it rules out most people who got vaccinated overseas, in countries that (unlike Australia) did not totally bungle their vaccine rollouts.

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Ashley Craig 🇺🇦

@ash_craig

3 years

3yo: I want 6 tomatoes Me: That's a lot. How about 4? 3yo: No, I need 6. Me: I'm not giving you six. How about 5 then? 3yo: No! I want 3 tomatoes. Me: Ok, done. Anyone got a theory of bargaining to explain this set of events?

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Ashley Craig 🇺🇦

@ash_craig

3 years

An underrated point about externalities: Suppose an action of mine benefits you. Even if I am perfectly altruistic in the sense that I value a $ of benefits to you on par with a $ of costs to me, that doesn't change the external benefit to you or the argument for a subsidy.

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Ashley Craig 🇺🇦

@ash_craig

3 years

With vaccine passports etc., on the horizon, this is consequential. It boggles the mind. Someone consciously added this rule in there. What could the logic be??

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Ashley Craig 🇺🇦

@ash_craig

3 years

@ShengwuLi @skominers That sounds useful. Where can I download Piotr Dworczak?

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Ashley Craig 🇺🇦

@ash_craig

3 years

The problem with thanksgiving is that turkey doesn't actually taste good.

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Ashley Craig 🇺🇦

@ash_craig

2 years

Q: Why are people so comfortable with discrimination when it's in the form of visa and other such restrictions which prevent the best employee from getting the job?

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Ashley Craig 🇺🇦

@ash_craig

3 years

Good news from teaching evaluations: the students did not hate me or my teaching. 😅

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Ashley Craig 🇺🇦

@ash_craig

3 years

Is it possible to mute tweets that have images with grids of mostly-green squares in them?

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Ashley Craig 🇺🇦

@ash_craig

2 years

(2/2) I know conservatives who are deterred by this, from Twitter at a minimum, and in some cases from academia. They are good people whose views are valuable. And before people say we aren't hostile to them on here, this is about how they perceive it. Not how you and I do.

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Ashley Craig 🇺🇦

@ash_craig

3 years

Submit you Public Economics papers, and come to Austria!

IIPF - International Institute of Public Finance

@IIPF_org

3 years

Here is the Call for Papers for the #iipf2022 Congress at @jku_econ in Linz, Austria on August 10-12, 2022. You are invited to submit by 18 February. Scientific Chairs @AnneBrockmeyer @J_C_Suarez . Call, keynotes and further info at #EconTwitter

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Ashley Craig 🇺🇦

@ash_craig

2 years

I hope all you job market candidates applied to the Australian places. It's a beautiful place to live, with wonderful landscapes and wildlife as well as great economists.

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Ashley Craig 🇺🇦

@ash_craig

3 years

Uncomfortable admission for this public finance economist: I pay someone else to do my taxes.

Bill Gale

@WilliamGale2

3 years

PSA: I am a public finance economist. I study the economics of tax and fiscal policy. Asking me to do your taxes is like asking an art history major to paint your room. #econtwitter

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Ashley Craig 🇺🇦

@ash_craig

11 months

Long before your PhD, one has to be deeply incurious not to take a proof-based math course before starting your first pre-doc. That and a math GRE of 171 should be required to even be considered for one.

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Ashley Craig 🇺🇦

@ash_craig

10 months

We are house-hunting in a major Australian city. It’s very clear that you would have to skip a **lot** of avocado toasts to be able to buy a house.

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Ashley Craig 🇺🇦

@ash_craig

1 year

4. The govt has other tools to slow the economy, which have different distributional consequences. It chose not to use them, and in fact to be expansionary instead. The RBA now has to use the tool it has now to do the job.

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Ashley Craig 🇺🇦

@ash_craig

3 years

I *think* Josh Angrist's class and papers have increased my knowledge of econometrics. But can I be sure?? (More seriously, congrats @metrics52 + David Card + Guido Imbens)

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Ashley Craig 🇺🇦

@ash_craig

2 years

Wouldn't be Australia without these guys. ❤️🏠

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Ashley Craig 🇺🇦

@ash_craig

3 years

@joftius @straightedge @ryxcommar 5 billion dollar drone crashed because we forgot to drag down.

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Ashley Craig 🇺🇦

@ash_craig

3 years

The Djokovic saga was ridiculous. But rather than dedicating so much attention and news space to a rich sportsperson prevented from becoming richer by playing more sport, how about we focus on the refugees who have been locked in the same "dingy" hotel for months or even years?

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Ashley Craig 🇺🇦

@ash_craig

10 months

Having a conversation with my Dad, and we’re really on a roll today.

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Ashley Craig 🇺🇦

@ash_craig

3 years

I am being expertly trolled by my 2yo. Me: What color is my hair? 2yo: Silver!! Me: WHAT? There's another color. 2yo [looking carefully]: Yes! White! I see some white! Me: WHAT? There's brown!! 2yo [looking even more carefully]: There is! There's a little bit of brown!

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Ashley Craig 🇺🇦

@ash_craig

5 months

The folks in my Twitter feed have been majorly nerd sniped by the HT HH thing.

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Ashley Craig 🇺🇦

@ash_craig

9 months

A tip for students writing JMPs, and all other authors: Greek letters are great. But please define them. Thanks!

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Ashley Craig 🇺🇦

@ash_craig

9 months

The economist and his invisible hand.

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Ashley Craig 🇺🇦

@ash_craig

2 years

People make jokes about having wait to get healthcare in countries where it is government-run. But in my experience it's the opposite. Delays are much longer in the USA. Does that match others' experiences?

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Ashley Craig 🇺🇦

@ash_craig

2 years

Since we Australians are ahead of the rest of you, I thought I'd provide a public service by letting you know from the future that Christmas this year is a nice 30°C (86°F). Happy holidays! 🎄🏖️

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Ashley Craig 🇺🇦

@ash_craig

3 years

@andreamatranga 🦶🦶🚨New Econometrics Paper🚨🦶🦶 Is OLS valid in your setting? DiD estimators? Regression discontinuities? Propensity score matching? We show that as t➔∞, one of us will show you're doing it wrong. An implication for applied work is that you should give up and do theory.

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Ashley Craig 🇺🇦

@ash_craig

2 years

3yo: "Daddy, I really missed you while you were away in Sweden. But I want you to fly away again and buy some more swedish chocolate balls. I won't cry about it."

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Ashley Craig 🇺🇦

@ash_craig

9 months

Most people don’t use calculus day to day, so we shouldn’t teach it. OK. Most things taught aren’t used by most people day to day. Eliminate all sciences, math above basic numeracy. Most of your vocabulary. Art, physical education. Cut it all and do school in 3 years I guess?

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Ashley Craig 🇺🇦

@ash_craig

9 months

Despite having skipped the country to Australia, I have 3 fantastic JMCs on the market from @umichECON . Hire them! >> Hayley Abourezk-Pinkstone >> John Olson >> Emily Horton ( @emilyhearsawho ) Beyond their research, they are stand-out teachers too!! Let me tell you about each.

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Ashley Craig 🇺🇦

@ash_craig

9 months

First home buyer grants will raise prices more, and increase inequality while you’re at it. Tag whoever needs to hear it.

Annastacia Palaszczuk

@a_palaszczuk

9 months

We’re doubling the First Home Owner Grant to $30,000 until 30 June 2025.

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Ashley Craig 🇺🇦

@ash_craig

5 months

Dear journalist friends, When you are covering academic work, please link to it or AT LEAST say whose work it is. DO NOT only cite the most senior sounding author. If at all possible, ask the authors to comment. Pls RT / send to this to all journalists you know. Cheers, Ash

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Ashley Craig 🇺🇦

@ash_craig

6 months

Public Finance people, consider this great workshop if coming to Australia is an option for you! The talks are great. More than that though, it is a lot of fun, with an unusual mix of academics and economists in government.

4th Australian Workshop on Public Finance

## 4th Australian Workshop on Public Finance A selection of presenters and discussants PowerPoint presentations are available in the ‘downloads’ tab above. **The program** is available in the...

taxpolicy.crawford.anu.edu.au

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Ashley Craig 🇺🇦

@ash_craig

11 months

‼️ Sara Heller, Nikhil Rao and I have an opportunity for someone interested in economics and econometrics of networks. Job posting here: Please circulate if you know people or groups of people who might be a good fit! 🙏

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Ashley Craig 🇺🇦

@ash_craig

9 months

I think it goes without saying that we need to demand more from leaders in the economics profession than writing insightful papers, and not having been proven guilty of misconduct.

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Ashley Craig 🇺🇦

@ash_craig

1 year

6. Back to caring about inequality, we do not favor profits over wages, rich over poor people, or anything like that. In fact, we study and care about inequality a lot. But we will argue hard for better policies to reduce it, and against ones we think will be ineffective or bad.

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Ashley Craig 🇺🇦

@ash_craig

4 years

@l_perrault Seems to me almost any opening that starts with "Economists..." is bound to contain mostly incorrect assertions about economists.

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Ashley Craig 🇺🇦

@ash_craig

4 years

@JohnHolbein1 "We thank you for your insightful comment. Our suggested course of action in response is for you to get a different job that does not involve research. You clearly already know everything, so we can't imagine it is very rewarding for you."

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Ashley Craig 🇺🇦

@ash_craig

1 year

Accept. 💥

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Ashley Craig 🇺🇦

@ash_craig

7 months

Real footage of a skilled job market candidate handling a persistent line of questioning during his job talk. Well more of a series of long comments than actual questions.

Interesting As Fuck

@interesting_aIl

7 months

guy casually prevents shark attack

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Ashley Craig 🇺🇦

@ash_craig

2 years

There is nothing wrong with a thank you slide.

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