Micro Data Insights
The discussion highlights the importance of micro-level data in understanding economic phenomena, particularly in predicting industry performance during recessions. With access to more granular data, analysts can uncover nuanced insights that were previously obscured by macro-level aggregates. Additionally, the rise of A/B testing in companies allows for more controlled experiments, potentially leading to more reliable results compared to traditional economic analyses.In this clip
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EconTalk
Susan Athey on Machine Learning, Big Data, and Causation
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