“Should you coauthor your JMP?”

Motivated by @RyanReedHill and @carolyn_sms thread, @pascaljnoel and I decided to write our own coauthored JMP thread.

The “Hillstein” thread is excellent, but there are three additional *upsides* to doing this which we want to share!
1) Research is emotionally difficult, at least for me. I *hated* working alone. I was on leave when @pascaljnoel and I started working together in earnest. There’s a good chance I would not have finished my PhD if we hadn’t started working together.
Ask yourself “If you are going to work long hours and push your limits, would you rather do that alone or as part of a team?”
You aren't going to be forced to work alone when you get the job, so not obvious why you should subject yourself to it in order to get a job. This is equally true whether you go into academia or not. Most jobs for economists are team-based jobs.
2) Quality quality quality. The quality of what the two of us put out together is much better than if I was working alone.
Why?
i) @pascaljnoel shoots down crappy ideas.
ii) If you have to explain your idea to someone else right away, it forces you to think more clearly. Which brings us back to i)
[Finally this explains why I work with @pascaljnoel… As for why he is working with me, I am not sure so you will have to ask him, although he once joked that he might have never submitted a paper without a coauthor who was eager to submit]
3) Teams are better in low-information environments. As a PhD student there is a ton you do not know about how to write a paper. You've never really done it before! The returns to collaboration in any domain are especially high when information is low.
Does a coauthored JMP seem like a good idea for you? If so, we have three more pieces of advice.
4) A lot of good research is at the intersection of two fields. It might therefore be possible, unlike Ryan and Carolyn, to go on different field markets. This is what Pascal and I did. Solves the overlap problem.
5) Think carefully about skill sets. There are different approaches to coauthoring. One is specialization into comparative advantage. The other is to have two utility players. Either model might be good for you. (We are pretty close to the latter world.)
6) Think about it like a marriage. You are constantly facing new challenges and so you can’t just write down a contract at the start of who does what. Instead, you should expect some amount of friction and productive conflict arising from the new challenge
We spend a lot of time thinking about improving our research *process*, constantly trying to improve and communicate about how we do things. If you want it to be strong you should expect to work at it!
@pascaljnoel and I have now written 7 papers together. You can see these papers here
voices.uchicago.edu/noel/research/
thanks again to @RyanReedHill and @carolyn_sms for sharing their advice on this topic.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Peter Ganong

Peter Ganong Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @p_ganong

16 Jul
Millions of people have had federal UI benefits cut off

Stated goal: speed the labor market recovery.

Is it working?

Tldr: It’s going to be really hard to use state employment data to do a good job of answering this question.

Looks like a noisy 0
So far, 26 governors have announced plans to cut off at least some federal benefits. 20 are cutting off all benefits by July 5. This is where we might expect to see the biggest effects.
In those states, over 1 million people had their benefits fully cut off and another 1+ million people lost the supplement by July 5.
Read 17 tweets
11 Feb
🚨 new paper on labor market & expanded UI benefits 🚨

Tldr: spending ⬆️ more than expected,
job search ⬇️ order of magnitude less than expected

1) rise of repeat unemployment
2) effect of UI on spending
3) effect of UI on job search
4) connections to current policy debate
“Spending and Job Search Impacts of Expanded Unemployment Benefits: Evidence from Administrative Micro Data”
With @FionaGreigDC @maxliebeskind @pascaljnoel @Dan_M_Sullivan @JoeVavra
bfi.uchicago.edu/working-paper/…
1) we can track workers’ experiences over the course of pandemic

Confirm well-known fact: long-term unemployment is high

New finding: *repeat* unemployment has been rising. (Estimates of long-term unemployment in the CPS miss this since they only ask about most recent spell)
Read 24 tweets
7 Jan
Newly published paper by @danascoot @finamor_lucas which has I think the best evidence to date on the incentive effects of the $600 weekly supplement (🧵)
The paper uses time clock data from small biz, many of which are restaurants. they compare workers with higher and lower earnings in 2019 & ask "were workers with lower earnings in 2019 (and therefore higher benefit replacement rates) slower to return to work after expiration?"
Read 6 tweets
14 Dec 20
About 9 million people are set to exhaust unemployment benefits at the end of this year. What happens to spending at exhaustion?

tldr:
1) people don’t prepare for exhaustion
2) cut spending a lot at exhaustion
3) including on groceries and medical

🧵
@pascaljnoel and I have a July 2019 AER paper about this using pre-covid data

cpb-us-w2.wpmucdn.com/voices.uchicag…
How much do people cut spending at exhaustion?

By about 12%.

For comparison, when they are receiving UI spend falls < 1% per month.
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(