4 ms·

They pull it out of a simple linear model in Excel . just an educated guess based on my occasional economics study.

• mtw 11y ago
  I wonder if deep learning could be more accurate for this kind of problem
  • Kliment 11y ago
    Probably but the conversion rate between expert recommendations and policy is already so abysmal it's probably not worth it.
  • thomasahle 11y ago
    From talking to economic grad students, it appears hard to obtain enough data for typical machine learning approaches. Basically all parameters end up being set from "theory" and "intuition"
  • davmre 11y ago
    Deep learning works well when you have a ton of data and don't care about interpreting the parameters of your model. My understanding is this is pretty much the opposite of the typical situation in econ research.