New York Times obituary for Bill Spriggs

"William E. Spriggs, Economist Who Pushed for Racial Justice, Dies at 68"

"An educator who served in the Obama administration, he championed workers, especially Black workers, and challenged his profession’s racial assumptions."
...
"In addition to his role at the AFL-CIO...he was a professor at Howard University, where he mentored a generation of Black economists while pushing for change within a field dominated by white men."

https://www.nytimes.com/2023/06/09/business/william-spriggs-dead.html

"The Economic Policy Institute mourns the passing of AFL-CIO chief economist and Howard University professor William Spriggs"

"Spriggs was a fierce proponent of racial and economic justice whose influence as a public intellectual and economist reached across academia, labor, think tanks, positions in the Clinton and Obama administrations, and the civil rights community."

An enormous loss.

https://www.epi.org/press/the-economic-policy-institute-mourns-the-passing-of-afl-cio-chief-economist-and-howard-university-professor-william-spriggs/

In 1959, police were called to a segregated library when a Black 9-year-old boy trying to check out books refused to leave, after being told the library was not for Black people.

The boy, Ronald McNair, went on to became an astronaut. The library is also now named after him

Please RT:

Here is a Google doc aiming to keep track of econ field groups on Mastodon. If there is no group for your field, make one!

https://docs.google.com/spreadsheets/d/1DVDfc3V7zTpghG0zbIYhHGQFU0rvy4BtpVQiNFn3DC4/edit

@VincentMeisner @undercoverhistorian

Hi everyone, I’m the co-host of NPR’s daily economics podcast The Indicator from Planet Money.

I’ll be looking out for new research that can help answer questions our listeners have about the economy they live in.

I’ll also post highlights from our show — stories of the people affected by changes to the economy paired with expert analysis.

#introduction #econtwitter

Only discovering this now, but fascinating to learn that the legality of a #merger between Staples and OfficeDepot was decided on the basis of an #econometrics discussion as to whether a pooled or a fixed-effects model was more appropriate to analyze their market power, and how to do a FE model appropriately.

Eat your econometrics kids!

#competition #competitionlaw #FTC

https://www.ftc.gov/news-events/news/speeches/econometric-analysis-ftc-v-staples

📝Hi,

You may wonder a bit about the content warnings (as I did) if you are recently moved to Mastodon. There’s a nice discussion here: https://blog.djnavarro.net/posts/2022-11-03_what-i-know-about-mastodon/#why-are-content-warnings-everywhere

In some ways they act as tags, since some folks may not want to see things like us politics or Covid related material (to give two examples that are less commonly associated with content warnings).

Hope this helps!

Trying this site for #econometrics advice:

I have a T=2 panel and I want to estimate the effect of a continuous treatment. The outcome has strong regression to the mean (cor(y2-y1,y1) = -0.5). In the simple binary treatment case the FE model in differences is

y2 - y1 = d*treat + e

and LDV is

y2 = b*y1 + d*treat + e, so if b != 0 the differenced model is misspecified. But with continuous treatment this is not as simple. Does regression to mean imply you should always use a LDV model?

Hi everyone, I’m the co-host of NPR’s daily economics podcast The Indicator from Planet Money.

I’ll be looking out for new research that can help answer questions our listeners have about the economy they live in.

I’ll also post highlights from our show — stories of the people affected by changes to the economy paired with expert analysis.