Machine learning methods that economists should know about

S Athey, GW Imbens - Annual Review of Economics, 2019 - annualreviews.org
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 …

The digitization of patient care: a review of the effects of electronic health records on health care quality and utilization

H Atasoy, BN Greenwood… - Annual review of public …, 2019 - annualreviews.org
Electronic health records (EHRs) adoption has become nearly universal during the past
decade. Academic research into the effects of EHRs has examined factors influencing …

Robots and jobs: Evidence from US labor markets

D Acemoglu, P Restrepo - Journal of political economy, 2020 - journals.uchicago.edu
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 …

The state of applied econometrics: Causality and policy evaluation

S Athey, GW Imbens - Journal of Economic perspectives, 2017 - aeaweb.org
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 …

Human decisions and machine predictions

J Kleinberg, H Lakkaraju, J Leskovec… - The quarterly journal …, 2018 - academic.oup.com
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 …

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 …

[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 …

[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 …

Taming the factor zoo: A test of new factors

G Feng, S Giglio, D **u - The Journal of Finance, 2020 - Wiley Online Library
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 …

The augmented synthetic control method

E Ben-Michael, A Feller, J Rothstein - Journal of the American …, 2021 - Taylor & Francis
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 …