Paul romer python jupyter notebook6/24/2023 This is code that has an enormous impact on society, as it is used as a basis to evaluate the effects of policies.Įconometrics, aka statistics for economics, is also a big area where programmers could contribute to economic research. Micro-simulation is of course a big area where programming and economics meet - you can follow development on github. Nordhaus got the prize for developing (quite basic, actually) simulation models that integrate the economic systems and environmental systems. Conversely, there may be quite a few topics in computational economics that interest programmers.įor instance, an awful lot of macroeconomics - including to an extent Romer's sub-field, endogenous growth theory - is essentially programming in Dynare and doing computer simulations. As an economist myself, I think code have become so central to our profession that we can no longer afford to ignore software engineering best practices. ![]() There is an awful lot of programming done by people that are not professional programmers. This is a shame because economics is already a computational discipline and increasingly so.
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