David Powell

David Powell

@davidpowell.bsky.social

Does stuff at University of Pennsylvania: https://sites.google.com/view/davidpowell/

809 followers125 following278 posts

A lot of parenting is trying to find healthy foods that your kids will eat and when they actually do like something deciding that means that it must not be healthy then and restarting the whole cycle.

David Powell reposted

Summary below with results from 3-year study in Kenya assessing whether savings interventions can strengthen economic prospects for the future and also reduce engagement in behaviors that increase HIV/STI risk. Our results are extremely promising!

Dean Yang@deanyang.bsky.social

Can a savings account reduce heavy drinking? In a randomized trial with 1,500 men in western Kenya, a savings program cut hazardous drinking by 26% and intimate partner violence by 15%. New NBER working paper 🧵

This paper’s main contribution is that it does not claim to make any contributions, opening the door to all types of new publications which also don’t make contributions.

People use abbreviations without even knowing what they stand for. Few people can tell you what i.e. is short for. The “i” is short for “i didn’t” and the “e” is short for “explain that well enough the first time so here’s my second attempt.”

Everyone knows that if you have young kids, you end up going to a lot of birthday parties. But they don’t tell you that you’ll end up talking to parents there that don’t even know their ORCID.

David Powell reposted

Can raising the minimum wage help curb “deaths of despair?” LDI Fellow @davidpowell.bsky.social found that minimum wage increases had, at most, modest effects on overdose deaths and suicides—suggesting more targeted health policies may be needed. Read more: https://bit.ly/4g79GVk

ldi.upenn.eduMinimum Wage and Deaths of DespairAlarming rises in suicide and overdose rates are a public health crisis. Researchers seek to measure the health effects of social and economic policies.

This paper has several limitations. First, not all researchers will appreciate it. Only the smartest and best looking will believe it should be immediately accepted at a top journal.

Probabilities can be unintuitive. Take this example: when I drive one kid, there’s a 70% chance that they will need to go to the bathroom within the first 10 minutes of the drive. But if i drive both of them, there’s a 180% chance we will need to stop in the first 10 minutes.

I wanted to share some notes from spending the day not at NBER: 1) I was a comfortable temperature. 2) I had decent chicken for lunch. 3) I made a casual remark about something and didn’t receive a response using the phrase “diminishing marginal utility” or “reverse causation”

To give you a sense of just how long 250 years is…if you had started working on three economics papers on July 4, 1776, you would probably already have two published.

This playground says that my kids play at their own risk but little does it know that I have mitigated some of that risk through something called a high deductible plan.