Machine learning methods that economists should know about
We discuss the relevance of the recent machine learning (ML) literature for economics and
econometrics. First we discuss the differences in goals, methods, and settings between the …
econometrics. First we discuss the differences in goals, methods, and settings between the …
The digitization of patient care: a review of the effects of electronic health records on health care quality and utilization
Electronic health records (EHRs) adoption has become nearly universal during the past
decade. Academic research into the effects of EHRs has examined factors influencing …
decade. Academic research into the effects of EHRs has examined factors influencing …
Robots and jobs: Evidence from US labor markets
We study the effects of industrial robots on US labor markets. We show theoretically that
robots may reduce employment and wages and that their local impacts can be estimated …
robots may reduce employment and wages and that their local impacts can be estimated …
The state of applied econometrics: Causality and policy evaluation
In this paper, we discuss recent developments in econometrics that we view as important for
empirical researchers working on policy evaluation questions. We focus on three main …
empirical researchers working on policy evaluation questions. We focus on three main …
Human decisions and machine predictions
Can machine learning improve human decision making? Bail decisions provide a good test
case. Millions of times each year, judges make jail-or-release decisions that hinge on a …
case. Millions of times each year, judges make jail-or-release decisions that hinge on a …
Does diversity matter for health? Experimental evidence from Oakland
M Alsan, O Garrick, G Graziani - American Economic Review, 2019 - aeaweb.org
We study the effect of physician workforce diversity on the demand for preventive care
among African American men. In an experiment in Oakland, California, we randomize black …
among African American men. In an experiment in Oakland, California, we randomize black …
[PDF][PDF] The impact of machine learning on economics
S Athey - The economics of artificial intelligence: An agenda, 2018 - nber.org
This paper provides an assessment of the early contributions of machine learning to
economics, as well as predictions about its future contributions. It begins by briefly …
economics, as well as predictions about its future contributions. It begins by briefly …
[BOOK][B] Analysis of panel data
C Hsiao - 2022 - books.google.com
" Now in its fourth edition, this comprehensive introduction to fundamental panel data
methodologies provides insights on what is most essential in panel literature. A capstone to …
methodologies provides insights on what is most essential in panel literature. A capstone to …
Taming the factor zoo: A test of new factors
We propose a model selection method to systematically evaluate the contribution to asset
pricing of any new factor, above and beyond what a high‐dimensional set of existing factors …
pricing of any new factor, above and beyond what a high‐dimensional set of existing factors …
The augmented synthetic control method
The synthetic control method (SCM) is a popular approach for estimating the impact of a
treatment on a single unit in panel data settings. The “synthetic control” is a weighted …
treatment on a single unit in panel data settings. The “synthetic control” is a weighted …