Alexis Akira Toda

Alexis Akira Toda

Mathematical economist

Great Barrington Declaration

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I have just signed the Great Barrington Declaration.

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Income inequality at UCSD economics, 2024

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The University of California compensation data for 2024 is now published. I have updated the data set for my paper and rerun the regressions. For readers interested in predicting their salaries, the 2024 prediction equation is \[\log y = 12.20 -0.0096T + 0.0051N_\textrm{pub} + 0.0201N_\textrm{top5} + 0.2181D_\textrm{tenure} + 0.2601D_\text{full}, \] where \(y\) is the 9-month salary, \(T\) is the number of years elapsed since obtaining Ph.D., \(N_\textrm{pub}\) is the cumulative number of peer-reviewed research articles, \(N_\textrm{top5}\) is the cumulative number of top 5 publications, and \(D_\textrm{tenure}, D_\textrm{full}\) are dummy variables for tenure and full professor.

Credit card for grocery shopping

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One key principle for saving money is to cut costs in a category with a high share of expenditures.