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Economics Meets Data Science: Finite Mixture Models - A Christmas Story

…dition of Economics Meets Data Science.This time I'd like to discuss one class of models that is widely used in Economics and yet many people haven't tried yet: Finite Mixture Models (FMMs). What are Finite Mixture Models (a lazy explanatio…

Economics Meets Data Science: The Structural Estimation Series Part IV

…:781-831. Economics Meets Data Science: The Structural Estimation Series, Part I Economics Meets Data Science: The Structural Estimation Series, Part II Economics Meets Data Science: Coding With Style Economics Meets Data Science: The Struc…

Economics Meets Data Science: The Structural Estimation Series Part III

Today's Agenda Hello again. I'm DSOC's Juan. It's time for the part III of the Structural Estimation Series. In the last post I described the dynamic optimization problem of Harold Zurcher according to Rust (1987), and presented some import…

Economics Meets Data Science: Coding With Style

…ming from Economics, my programming education was limited to punching my keyboard until STATA gave me some results. I was rarely asked to share my code because I mostly did research on my own; when I had to, the fact that everyone’s code wa…

Economics Meets Data Science: ML and Economics Together at Last

…empirical Economics, but most people don't seem to have heard of yet. The Background Since 6 years ago I have been hearing about Economics adopting (or being replaced by) Machine Learning (ML). It was at that time that Hal Varian published …

Economics Meets Data Science: The Structural Estimation Series, Part II

Hola again! DSOC's Juan here! It's autumn now, time to start craving pumpkin tarts and hot drinks. Recently I'm having hot matcha latte very often, maybe because it reminds me when I was a graduate student cleaning my data in some cafe arou…

Economics Meets Data Science: The Structural Estimation Series, Part I

…ajored in Economics when studying the undergrad back at home, then came to Japan in 2011, graduated from the PhD in Economics and joined Sansan in early 2019. Most of my research concentrates on Labor and Education Economics, both in Japan …

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