What happens when private equity owns nursing homes?

Nursing staff: ⬇️
Mortality: ⬆️⬆️
Patient well-being: ⬇️
Taxpayer spending: ⬆️
Interest payments: ⬆️

Basically what you would expect, nothing to see here.
From a new working paper by Atul Gupta, Sabrina Howell, Constantine Yannelis & Abhinav Gupta.
NBER: nber.org/papers/w28474
Ungated: papers.ssrn.com/sol3/papers.cf…
Some event study graphs: CMS facility deficiency rating and management fees (presumably paid to private equity owners)

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More from @paulnovosad

8 Feb
📢📢Trying something new: Instead of waiting 10 years until our judicial bias paper publishes, we are posting the public data RIGHT AWAY.

80 million cases, 80k judges, the near universe of Indian lower court cases from 2010–2018. 🧵 1/5

Details: devdatalab.medium.com/big-data-for-j…
Putting this together was a big pile of work by @ellliottt @thesamasher @aditibhowmick18 Daniel Chen Tanaya Devi Christoph Goessman @bilalsiddiqi.

Please just cite our paper if you use the data: devdatalab.org/judicial-bias
Everything is linked to census districts, and many judges are linked for the criminal cases.

Lots of interesting research ideas to explore around who gets charged with what, who gets bail, who gets convicted, judge careers, case delays, etc.. Enjoy! 3/5
Read 5 tweets
28 Jan
Like much regulation, I fear making econ journals the data transparency enforcers has raised the cost of doing research without benefiting anyone.

It's particularly bad for young scholars without RA teams, and for people working with non-secret admin data.

Some anecdotes 🧵
Anecdote 1: delay.

Paper is conditionally accepted, as long as it clears the data replication team.

I submit my replication files.

*SIX MONTHS LATER*, the replication report below.

Failure on LINE 1 of the code, b/c the replicator had a space in their path name. 2/N Image
This was just the beginning.

I've since talked to many researchers who have spent days and days debugging configuration problems on the replicators' machines.

PIs should not be doing tech support for journal replicators. They should be doing more high-value research. 3/N
Read 23 tweets
11 Jan
Our new paper on judicial bias in India’s lower courts, using new data from 6 million criminal court cases. ⬇️

Do Muslims or women get better outcomes when their cases are heard by Muslim / female judges?

Surprise: No evidence on bias! 🧵 1/11

This is work by @ellliottt @thesamasher @aditibhowmick Daniel Chen Tanaya Devi Christoph Goessman @bilalsiddiqi.
We use standard approaches in the literature to estimate in-group bias.

Arbitrarily assignment of cases to judges = as-good-as-random judge identity
See how case outcomes change when judge staff changes change the gender / religion balance of the court
Read 12 tweets

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