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The #ASSA2022 at the past weekend meeting offered great food for thought, cutting edge research ... and the opportunity for a small study on how empirical concurrent so-called empirical macroeconomics actually is.
Turns out it isn't empirical at all.
A 🧵.
Turns out it isn't empirical at all.
A 🧵.
The research design was very simple: pose a straightforward question to household-name scholars from @UChicago , @Stanford , @Princeton , @UCLA , @UMNews and the @ecb ... and find yourself carried away by their truly hilarious answers.👍
But first things first.
But first things first.
This was the question to six paper presenters: Do you have any direct, micro-level evidence that actual agents behave like you describe the agents' behaviour in your model? The first thing to observe was that with the exception of the @UChicago guy, nobody got the strange idea
Join us at 10:00 EDT from the comfort of your personal conference venue when we talk about "#Reproducibility and #Transparency versus #Privacy and #Confidentiality" #ASSA2022 w/ @john_abowd, Raj+John from @OppInsights, Bruce + James aeaweb.org/conference/202…, 
Hm. The listing of names and topics is kind of messed up in the AEA web program. I don't believe that I'm talking about "Data Privacy and Data Collection"... but join us anyway!
Hint: I'm going to argue that it's not "R+T 🤜🤛 P&C" but rather that "R+T 💕 P&C". That's the #EconTwitter version (it's short...), come and join us for the full story!
Next up at the ASSA meetings, my paper with Lindsey Raymond:
Augmented Intelligence: Effects of AI on Productivity and Work Practices
Link:
eventpilot.us/appinfo.php?pa…
#ASSA2022
Please join us!
@LindseyRRaymond @DigEconLab #EconTwitter
Augmented Intelligence: Effects of AI on Productivity and Work Practices
Link:
eventpilot.us/appinfo.php?pa…
#ASSA2022
Please join us!
@LindseyRRaymond @DigEconLab #EconTwitter
@LindseyRRaymond @DigEconLab Abstract
How does technology affect the organization and dissemination of knowledge in production? Production knowledge is often tacit and embodied in individual workers and managers,...
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How does technology affect the organization and dissemination of knowledge in production? Production knowledge is often tacit and embodied in individual workers and managers,...
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@LindseyRRaymond @DigEconLab ...and therefore technology that changes the ability to encode and disseminate knowledge, such as artificial intelligence, might affect productivity and organization of production...
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If you're registered for the ASSA meeting, there's a great presentation about AI and Labor starting now:
"Using Language Models to Understand Wage Premia"
Sarah Bana, Stanford Digital Economy Lab
Link:
eventpilot.us/appinfo.php?pa…
#ASSA2022
@SarahHBana @DigEconLab #EconTwitter
"Using Language Models to Understand Wage Premia"
Sarah Bana, Stanford Digital Economy Lab
Link:
eventpilot.us/appinfo.php?pa…
#ASSA2022
@SarahHBana @DigEconLab #EconTwitter
@SarahHBana @DigEconLab Using Language Models to Understand Wage Premia
Abstract
Does the text content of a job posting predict the salary offered for the role? There is ample evidence that even within an occupation, a job's skills and tasks affect the job's salary.
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Abstract
Does the text content of a job posting predict the salary offered for the role? There is ample evidence that even within an occupation, a job's skills and tasks affect the job's salary.
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@SarahHBana @DigEconLab Capturing this fine-grained information from postings can provide real-time insights on prices of various job characteristics. Using a new dataset from Greenwich.HR with salary information linked to posting data from Burning Glass Technologies, ...
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