Diff-in-diff workshops, the story of synth, and introducing synthetic diff-in-diff
And congratulations to Claudia Goldin!
Today’s substack will be buried in most peoples inboxes and attention as it’s Nobel Prize day. But I’m trying to keep to schedule, so I’m going to do three things in this substack. First, I’m going to do my normal thing about upcoming workshops. Then I’m going to discuss a little about what I’m calling the story of synthetic control as a lead in to discussing synthetic diff in diff, a more recent synthetic control estimator published last year by a Dream Team of econometricians. And then I’m going to say congratulations to Claudia Goldin whose work on economic history, labor markets, technology and women has been some of the most exciting, interesting and influential work of the last 50 years and is this years winner of the Nobel Prize. Before my little ChatGPT-4 experiment, I had picked Goldin and Katz to win so alas I don’t get bragging rights. But what an exciting prize. I am currently teaching “the race between education and technology” for my Econ 1305 class and can’t wait to te…
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