Associate professor of econ at Tarleton State, Dept Head Accounting, Finance, Econ; textbook on global food policy. Latter-day Saint. Father of 3.
Stephenville, TX
Joined November 2009
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Derrill Watson retweeted
How much of published finance holds up?
I attempted to replicate the main result of every paper in JF, JFE & RFS, 2000–2020.
1,328 in-sample replications; 1,005 out-of-sample. 75% reproduced in sample. But only 42% in later data. Median coeff. : 0.93 → 0.45 of the published.
Derrill Watson retweeted
“As you continue to place your trust in Him, your clouds of darkness and anguished sobbing in the night will be transferred into cascading tears of joy and peace in the morning’s light. ... That moment will come. I testify that it will come.” — #ElderAndersen
#GeneralConference
Derrill Watson retweeted
Wherever you are, whatever you’re doing Jesus knows you and if you’ll turn to him His paths will appear beneath your feet for he is the way. Your path will become clear because he is the light. He is there waiting for you. #GeneralConference
Tim Harford: Taco, the trade that ate itself timharford.com/2025/07/taco-…
Derrill Watson retweeted
We really did it.
We took a growing US manufacturing economy, declared it broken, started a trade war, and ... broke US manufacturing.
In last 48 hours:
- Philly Fed Survey: "New orders fell sharply, from 8.7 in March to -34.2, its lowest reading since April 2020"
- NY Fed Survey: Expected orders and shipments plunging
Again, this is a policy to revive US manufacturing.
#ElderKearon "Penguins give gifts to each other..."
And we must tariff them! #GeneralConference
God will be disappointed if we do not rely on the grace of Jesus to become the best version of ourselves. That we start with different abilities is irrelevant. #DaleRenlund #GeneralConference
Derrill Watson retweeted
This sermon is making me compare receiving the Aaronic Priesthood to being born again. Just like physical birth, the child doesn’t truly understand what a blessing it is. But they will soon learn what a joy it is to be alive. #GeneralConference
Although we cannot change the past, Jesus can heal the past. #NealAndersen #GeneralConference
Derrill Watson retweeted
"The Master Healer will heal all our afflictions - physical and emotional - in His time. But in the waiting to be healed, can one be whole?" — President Camille N. Johnson #GeneralConference
I can be [spiritually, emotionally] whole while I am waiting to be healed if I am whole-hearted in my relationship with Jesus Christ. #GeneralConference #CamilleJohnson
Derrill Watson retweeted
This is truly amazing. The Deputy White House Press Secretary is claiming that I'm wrong, and that the "tariff rates" on Trump's chart were calculated by "literally" measuring every country's tariffs and non-tariff trade barriers.
To prove it, he screenshots the formula the USTR says was used to calculate the reciprocal tariffs we imposed on other countries. And when you back out the Greek symbols, what is that formula? Trade deficit/imports - exactly what I said it was.
I don't know if the Deputy Press Secretary was misinformed, or is just being misleading. Either way, the Trump administration did not "literally calculate tariff and non tariff barriers" to determine the tariff rates it's imposing on other countries. As I said, it divided our trade deficit with a country by our imports with that country, and then multiplied by 0.5 (because Trump was being "lenient").
Oh, and if our trade deficit/imports with a country is less than 10%, or we have a trade surplus with a country, Trump slapped a flat 10% tariff on that country.
If you want to see the stained glass window from #ElderUchtdorf's branch in Zwickau, here it is: thechurchnews.com/leaders/20… #GeneralConference
Christ is joy. He is hope. He is the promise of good things to come. He is the strength of every parent. #ElderEgbo #generalconference
No device will be as important as divine revelation. The Bible and Book of Mormon provide guidance from Jesus Christ. #ElderCook #generalconference
"We need to do more uplifting and less murmuring." #ElderRasband That applies in the church, but also in politics, in communitise, at work, at home. #peacemakers #generalconference