Category: Economic Science
Random forests and macroeconomics
Three new papers use random forests, a machine learning technique, to develop early warning signs for financial crises and economic recessions.
Women and economics
Research worth reading in celebration of the International Women’s Day!
Should economists be trusted?
Paul Romer argues that economists of the 60s and 70s might have ruined the economy.
Economists and society
During the ASSA 2020 Annual Meeting two papers by Luigi Zingales and George DeMartino emphasize economists' responsibilities towards society.
Akerlof on macroeconomics during the last 60 years and new research on why the concept of equilibrium in economics might have serious problems.
Development RTCs: Pros and cons
This year's Nobel laureates revolutionized development economics through their use of random controlled trials (RTCs). But RTCs have their critics.
The role of politics and ideology in economics
Are economists immune from ideological bias?
The death of the representative agent
New research on the shortcomings of representative agent models.
How much money would you accept to give up Facebook?
Digital goods increase consumer surplus but do they also increase subjective well-being?