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Beatrice Cherrier
@
Undercoverhist
Corsican maquis
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Historian of postwar economics @CNRS /THEMA (public, urban, applied, macro, gender). Likes bath time stories & endangered species.
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7,705
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Yann Giraud
@yannbgiraud
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À l'Université de Montpellier pour y parler d'orthodoxie et d'hétérodoxie en économie récente au séminaire d'histoire et philosophie des sciences. Ça commence dans 30 minutes et c'est filmé ! pic.twitter.com/UD6QPk0DlN
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Klodiana Istrefi
@KlodianaIstrefi
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May 18 |
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GREAT thread Beatrice! With Michael Bordo we have a discussion on the role of ideas & ideology by education on policymakers at the FOMC in a recent CEPR e-book chap 5. For instance, Freshwater PhD members have mostly perceived as hawks when at the FOMC. voxeu.org/content/hawks-…
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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why do I even ask?
#monopsonyeverywhere
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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So I'll be in Minneapolis between June 10 and June 19, combing old dusty archives on Minnesota economics in the Elmer Andersen Library
Whom should I talk to?
Where should I stay? And most important
Where should I eat? twitter.com/Undercoverhist…
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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"Where is the next Rose Director", by John Blundell, cc @CleoCZ
econjwatch.org/file_download/…
"I’ve always felt that I’m responsible for at least half of what he [Milton Friedman]’s gotten... I feel that I have much of the responsibility for his success” pic.twitter.com/rFbUNgnO0n
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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Like those applied methods in which men cluster (say Bayesian econometrics) would have recently become more prestigious/marketable than those in which women cluster (say RCT)? No idea, just wild speculations, but worth studying I think
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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Second, I also would like studies on whether trend reversal in women representation in econ is due to emergence of pecking order WITHIN applied econ, as had been documented by historians of computer science (see this old thread: twitter.com/Undercoverhist…)
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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.... in most of my case studies (MIT, Stanford, etc), gender equality university policies were key in getting women econ tenure and full professorships.
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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one examining causes of greater representation of women in econ from 1970s onward : my prior is that since women did more applied work and applied became more prestigious, they got more job. BUT...
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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I don’t know whether it’s a good or bad evolution.The underlying question, I guess, is whether you need a theory to frame a remedy.
2/ there are 2 empirical investigations on women in econ I’d like to see economists pursuing in the future: :
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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the Wu/Sarsons/@erinhengel line of research fully reflects the “applied turn”, whereby empirical techniques are wielded to document social phenomena like discrimination. Could be wrong, but I don’t see a common underlying theoretical debate on how labor markets work.
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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(my history claim is based on ongoing research w/ Singleton and @cleocz beatricecherrier.wordpress.com/2018/03/06/a-g…
Documents how @AEACSWEP was largely engineered by labor economists)
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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Was lucky to have the opportunity to talk to @SoumayaKeynes A few afterthoughts:
1/ I argue how econ think abt gender was tied w/ how they conceived labor market Not anymore, it seems twitter.com/ShellyJLundber…
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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20/ END
(postcredit scene: Minneapolis Fed chairman Willes answering a question on the difference between monetarists and new classical econs at 1977 UMinnesota talk mentioned above) pic.twitter.com/MRyawTo7ts
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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19/ Corrigan thus acknowledged his “research dpt,” but Willes was keen on citing specific contributions : "only heaven, Neil Wallace and Tom Sargent know for sure," what the right monetary policy is, he said in a 1977 talk at the University of Minnesota pic.twitter.com/lud4xz8wtv
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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18/ 3) what they view is the role of Feds research dpts: for some, like Corrigan (maybe MacLaury), it is to provide analysis & forecasting, for others (Willes), it is to provide hot new ideas on how monetary policies should be conducted ....
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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17/ 2nd, huge diversity in how permeable they are to the ideas of Minnesota econ. Depends on 1) appetence for academic research vs operations; 2) hot issues of the time ( implementing financial market & banking regulations, fighting stagflation, etc) ....
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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16/ Few concluding thoughts: first, regional fed presidents are influential, not only b/c they vote at FOMC, but also as econ educators of bankers, businessmen, citizens, through the many public talks they give during their tenure
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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15/ For longstanding chair G. Stern (1985-2009; PhD Econ Rice, NY Fed, consultant, Minneapolis Fed director of research), rational expectations had stabilized and normalized (excerpt 1991 interview). Or I'm just too tired to god further. pic.twitter.com/dqrRCx2qPN
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Beatrice Cherrier
@Undercoverhist
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May 18 |
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14/ Next chair, Corrigan (80-84) had ≠ style: PhD econ Fordham 71, NY Fed, assistant to Volker & Basel Committee chairman, yet busy implementing banking pricing & deregulating acts. Didn’t like to go in the details of the work carried by his “research dpt” in his speeches. pic.twitter.com/GvaHuHLuB7
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