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
- Tweets8.7K
- Following545
- Followers267
- Likes1.6K
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
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.
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
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
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.
Derrill Watson retweeted
“I will forever be grateful to my Savior that I can change and be cleansed.” – #SisterYee | #GeneralConference
ALT Unfinished oil painting of the Savior
ALT Finished oil painting of the Savior
Derrill Watson retweeted
Our loving Father oversaw the creation of this very earth for the express purpose of providing an opportunity for you and for me to have the stretching and refining experiences of mortality, the chance to use our God-given moral agency to choose Him, to learn, to grow, to make mistakes, to repent, to love God and our neighbor, and to one day return home to Him.
The intent of the Father’s great plan of happiness is your happiness, right here, right now and in the eternities. #GeneralConference
Derrill Watson retweeted
Nothing will help you more then the temple to...
*Help you hold to the iron rod
*Protect you more
*Sooth your troubles spirits
*Open the windows if heaven
The temple is the gateway to the greatest blessings God has in store for each of us. Russell M Nelson
#GeneralConference – at Wesley Chapel, FL
Derrill Watson retweeted
Elder Bangerter: Protect the private times of your life. Learn about your foreordination #generalconference
Derrill Watson retweeted
Elder Bowen: miracles exist, angels are among us and the heavens are open! #generalconference
Derrill Watson retweeted
“More than any other time in your life, what you do during the private times of your life will have the greatest impact on how you confront challenges, and heartache you will face..."
-Elder Steven R. Bangerter #GeneralConference
Derrill Watson retweeted
"Our homes should be the ultimate combination of both sacred time and holy place wherein individuals and families can 'be still.'" David A. Bednar
GC: Apr. 2024 #GeneralConference
Derrill Watson retweeted
Second talk in the Saturday AM session about Temple worship. Clearly a priority topic for us!
Elder Soares: "As we keep our covenants, He endows us with His healing, strengthening power. And oh, how we will need His power in the days ahead."
#LDSConf #GeneralConference
Derrill Watson retweeted
"You understand that there is right and wrong, and there is absolute truth; God's truth. Integrity means we do not lower our standards or behavior to impress, or be accepted by, others. You do what is right and let the consequence follow."
#ElderGerard #GeneralConference
Derrill Watson retweeted
“When Christ comes, He needs to recognize us — not as nominal members listed on a faded baptismal record but as thoroughly committed, faithfully believing, covenant-keeping disciples.” - President @hollandjeffreyr #GeneralConference
