The Mixtape with Scott
[RERUN PODCAST]: Interview with Guido Imbens, Econometrician, 2021 Winner of the Nobel Prize
Nov 28, 2023
Interview with Guido Imbens, co-recipient of the 2021 Nobel Prize in Economics. Topics include local average treatment effect, instrumental variables, collaborations with Josh Angrist, and personal anecdotes. They discuss the importance of fostering community in the economics profession, the speaker's journey into econometrics, influences in the econometrics community, the potential outcomes model, career setbacks, collaborations, and the impact of machine learning on their thinking.
56:38
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Quick takeaways
- Dr. Guido Imbens emphasizes the importance of remaining positive and open to new collaborations and ideas, which can lead to fruitful partnerships and opportunities despite setbacks in one's career.
- Dr. Guido Imbens highlights the need for collaboration between economists and tech professionals to tackle important problems in causal inference and data analysis, particularly in integrating economic content with graphical modeling and combining observational and experimental data effectively.
Deep dives
Experiments and Pioneering Work on Causal Inference
The podcast episode features an interview with Dr. Hido Embins, the 2021 co-recipient of the Nobel Prize in Economics. Dr. Embins is renowned for his pioneering work on local average treatment effect and instrumental variables in the 1990s. He discusses how his passion for econometrics developed during his childhood love for chess and how he got into studying econometrics in college. The discussion highlights the importance of being open to new ideas and collaborating with other researchers to explore innovative approaches in the field of causal inference.
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