How Is Econometrics Changing?

Previous Lesson
Next Lesson

Course Outline

Nobel Conversations

Course (4 videos)

Josh Angrist, Guido Imbens, and Isaiah Andrews
Research Collaboration Do's and Don'ts
Pushing New Ideas
How Is Econometrics Changing?
How Will Machine Learning Impact Economics?

How Is Econometrics Changing?

Instructor: Josh Angrist, MIT

Nobel laureates Joshua Angrist and Guido Imbens examine how the field of econometrics is evolving with John Bates Clark award winner Isaiah Andrews. They explore the rise of regression discontinuity designs, creative uses of randomized trials, and how big tech is affecting economics. They also discuss how empirical problems should drive econometrics, their reaction to how LATE is being used, and the reduced form vs. structural debate. And finally, Guido Imbens (the editor of Econometrica), makes the case for shorter papers!
 

In this episode, they cover:

  • Where are the fields of economics and econometrics heading?
  • Empirical problems pushing econometric research
  • Implausibly large IV estimates
  • Reduced form vs. structural
  • LATE intuition
  • Shorter papers please
  • The effect of big tech on economics

You can jump right to these topics on the timeline in the video above. 

 

 More about Guido Imbens

 More about Joshua Angrist

More about Isaiah Andrews

 

Teacher Resources

Related to this video

Mastering Econometrics Test Bank

  • Assessments

Subtitles

Verified Available Languages
  • English


Thanks to our awesome community of subtitle contributors, individual videos in this course might have additional languages. More info below on how to see which languages are available (and how to contribute more!).

How to turn on captions and select a language:

  1. Click the settings icon (⚙) at the bottom of the video screen.
  2. Click Subtitles/CC.
  3. Select a language.
     


 

Contribute Translations!

Join the team and help us provide world-class economics education to everyone, everywhere for free! You can also reach out to us at [email protected] for more info.


Submit subtitles

 

 

Accessibility

We aim to make our content accessible to users around the world with varying needs and circumstances.

Currently we provide:


Are we missing something? Please let us know at [email protected]

Download

Download video

Creative Commons

Creative Commons License

This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.
The third party material as seen in this video is subject to third party copyright and is used here pursuant
to the fair use doctrine as stipulated in Section 107 of the Copyright Act. We grant no rights and make no
warranties with regard to the third party material depicted in the video and your use of this video may
require additional clearances and licenses. We advise consulting with clearance counsel before relying
on the fair use doctrine.