Machine Learning Methods Economists Should Know About

arXiv: Econometrics, 2019.

Cited by: 0|Views9

Abstract:

We discuss the relevance of the recent Machine Learning (ML) literature for economics and econometrics. First we discuss the differences in goals, methods and settings between the ML literature and the traditional econometrics and statistics literatures. Then we discuss some specific methods from the machine learning literature that we vi...More

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