Talking Econometrics

Talking Econometrics

Talking Econometrics

So let’s say for the sake of argument that you’re already interested in econometrics–which is to say how quantitative research in economics is actually done.

Then all I really need to say to you is that Isaiah Andrews has a set of four interviews with Joshua Angrist and Guido Imbens, ranging in length from 10-20 minutes each over at Marginal Revolution University.

If you don’t know the names, here’s a brief introduction. Angrist and Imbens, along with David Card, shared the most recent Nobel prize in economics. The prize specified that Angrist and Imbens were honored “for their methodological contributions to the analysis of causal relationships.”

For a sense of how Angrist thinks about these causality issues, here are a couple of useful starting points in the Journal of Economic Perspectives (where I work as Managing Editor):

For a couple of examples of work by Guido Imbens in JEP, see:

The guy who is interviewing Angrist and Imbens, Isaiah Andrews, won the John Bates Clark medal in 2021, which is awarded each year “to that American economist under the age of forty who is judged to have made the most significant contribution to economic thought and knowledge,” for “contributions to econometric theory and empirical practice.” An overview of his work in the Winter 2022 issue of JEP is here.

These really are conversations between Andrews, Angrist, and Imbens, not lectures. No powerpoint presentations or equations are used! No proof is involved. It’s just a chance to hear these folks talk about their field and more broadly how they see economics.

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Timothy Taylor

Global Economy Expert

Timothy Taylor is an American economist. He is managing editor of the Journal of Economic Perspectives, a quarterly academic journal produced at Macalester College and published by the American Economic Association. Taylor received his Bachelor of Arts degree from Haverford College and a master's degree in economics from Stanford University. At Stanford, he was winner of the award for excellent teaching in a large class (more than 30 students) given by the Associated Students of Stanford University. At Minnesota, he was named a Distinguished Lecturer by the Department of Economics and voted Teacher of the Year by the master's degree students at the Hubert H. Humphrey Institute of Public Affairs. Taylor has been a guest speaker for groups of teachers of high school economics, visiting diplomats from eastern Europe, talk-radio shows, and community groups. From 1989 to 1997, Professor Taylor wrote an economics opinion column for the San Jose Mercury-News. He has published multiple lectures on economics through The Teaching Company. With Rudolph Penner and Isabel Sawhill, he is co-author of Updating America's Social Contract (2000), whose first chapter provided an early radical centrist perspective, "An Agenda for the Radical Middle". Taylor is also the author of The Instant Economist: Everything You Need to Know About How the Economy Works, published by the Penguin Group in 2012. The fourth edition of Taylor's Principles of Economics textbook was published by Textbook Media in 2017.


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