applied-economics

Christina McGranaghan, an assistant professor of applied economics at the University of Delaware, will give the talk, “Taking a Load Off: Experimental Evidence of Preferences for Control with an Application to Residential Electricity Demand,” at noon on Wednesday, April 22.

Summary Can AI do applied econometrics and causal inference? Can LLMs pick up on the nuances and social norms that dictate so many of the decisions made in applied work and reflect them in response to a prompt? LLMs bring to the table incredible capabilities and efficiencies and opportunities to create value. But there are risks when these tools are used like Dunning-Kruger-as-a-Service (DKaaS), …

Applied Economics is a broad field with many applications. Applied Economics is a broad field of study covering many topics. Recognizing the wide range of applications has led departments of Agricultural Economics across numerous universities to change their degree program names to Applied Economics.  In 2008, the American Agricultural Economics Association changed its name to the Agricultural an…

Some summertime reading: Chen, T., DeJuan, J., & R. Tian, 2018. Distributions of GDP across versions of  the Penn World Tables: A functional data analysis approach. Economics Letters , in press. Clements, K.W., H. Liu, & Y. Tarverdi , 2018. Alcohol consumption, censorship and misjudgment. Applied Economics , online Jin, H., S. Zhang, J. Zhang,& H. Hao , 2018. Modified tests for change points in v…

Mastering 'Metrics: The Path from Cause to Effect , by Joshua Angrist and Jörn-Steffen Pischke, is to be published by Princeton University Press later this month. This new book from the authors of Mostly Harmless Econometrics: An Empiricist's Companion is bound to be well received by students and researchers involved in applied empirical economics. My guess is that the biggest accolades will come…

Why study Applied/Agricultural Economics? (for an updated post on this topic see here. ) "The combination of quantitative training and applied work makes agricultural economics graduates an extremely well-prepared source of employees for private industry. That's why American Express has hired over 80 agricultural economists since 1990." - David Edwards, Vice President-International Risk Managemen…