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Machine Learning as a Tool for Hypothesis Generation

Ludwig, Jens; Mullainathan, Sendhil - National Bureau of Economic Research - 2023

While hypothesis testing is a highly formalized activity, hypothesis generation remains largely informal. We propose a systematic procedure to generate novel hypotheses about human behavior, which uses the capacity of machine learning algorithms to notice patterns people might not. We illustrate...

Persistent link: https://www.econbiz.de/10014247938

Blending Theory and Data : A Space Odyssey

Donaldson, Dave - National Bureau of Economic Research - 2022

This article describes methods used in the field of spatial economics that combine insights from economic theory and evidence from data in order to answer counter- factual questions. I outline a general framework that emphasizes three elements: a specific question to be answered, a set of...

Persistent link: https://www.econbiz.de/10013334493

Stress Testing Structural Models of Unobserved Heterogeneity : Robust Inference on Optimal Nonlinear Pricing

Bodoh-Creed, Aaron L.; Hickman, Brent R.; List, John A.; … - National Bureau of Economic Research - 2023

In this paper, we provide a suite of tools for empirical market design, including optimal nonlinear pricing in intensive-margin consumer demand, as well as a broad class of related adverse-selection models. Despite significant data limitations, we are able to derive informative bounds on demand...

Persistent link: https://www.econbiz.de/10014337879

Half Empty and Half Full? Women in Economics and the Rise in Gender-Related Research

Antman, Francisca M.; Doran, Kirk B.; Qian, Xuechao; … - National Bureau of Economic Research - 2024

names, we investigate the connection between the gender of economics dissertators and dissertation topics. Despite … stagnation in the share of women among economics Ph.D.s in recent years, there has been a remarkable rise in gender …-related dissertations in economics over time and in many sub-fields. Women economists are significantly more likely to write gender …

Persistent link: https://www.econbiz.de/10014544721

Hukou and Guanxi : How Social Discrimination and Networks Impact Intrahousehold Allocations in China

Zhuge, Liqun; Lang, Kevin - National Bureau of Economic Research - 2023

Hukou, China's household registration system, affects access to public services and signals the strength of a person's local social network, guanxi. We use a collective model and data on household consumption and spouses' hukou status to show that hukou plays a crucial role in determining...

Persistent link: https://www.econbiz.de/10014287338

Survey Experiments on Economic Expectations

Fuster, Andreas - National Bureau of Economic Research - 2022

In this chapter, we discuss field experiments in surveys that are conducted with the purpose of learning about expectation formation and the link between expectations and behavior. We begin by reviewing the rationale for conducting experiments within surveys, rather than just relying on...

Persistent link: https://www.econbiz.de/10012938719

Infrequent Identity Signals and Detection Risks in Audit Correspondence Studies

Balfe, Catherine; Button, Patrick; Penn, Mary; … - National Bureau of Economic Research - 2021

Audit correspondence studies are field experiments that test for discriminatory behavior in active markets. Researchers measure discrimination by comparing how responsive individuals ("audited units") are to correspondences from different types of people. This paper elaborates on the tradeoffs...

Persistent link: https://www.econbiz.de/10012510596

Economic Data Engineering

Caplin, Andrew - National Bureau of Economic Research - 2021

Economic data engineering deliberately designs novel forms of data to solve fundamental identification problems associated with economic models of choice. I outline three diverse applications: to the economics of information; to life-cycle employment, earnings, and spending; and to public policy...

Persistent link: https://www.econbiz.de/10012660056

Visualization, Identification, and Estimation in the Linear Panel Event-Study Design

Freyaldenhoven, Simon; Hansen, Christian Bailey; Pérez … - National Bureau of Economic Research - 2021

Linear panel models, and the "event-study plots" that often accompany them, are popular tools for learning about policy effects. We discuss the construction of event-study plots and suggest ways to make them more informative. We examine the economic content of different possible identifying...

Persistent link: https://www.econbiz.de/10012616618

Evidence on Retrieved Context : How History Matters

Goetzmann, William N.; Watanabe, Akiko; Watanabe, Masahiro - National Bureau of Economic Research - 2022

This paper tests the retrieved context model of Wachter and Kahana (2019) using a long-term panel of economic forecasts by participants in the Livingston Survey. Events in historical time contribute additional explanatory power to a relative time series model. Historical precedents for current...

Persistent link: https://www.econbiz.de/10013172148

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