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Quantitative Economics with Julia [pdf]

by bernatfp on 2/10/15, 10:48 AM with 22 comments

  • by ViralBShah on 2/10/15, 6:23 PM

    This is a really well written book, and really makes the subject matter come alive with programming. Of course, I personally also love the fact that they have a Julia version.

    For those who may not know, Prof. Sargent was awarded the Nobel Prize in Economics in 2011. Also, kudos to the Sloan Foundation for funding this work. I wish there were more high quality textbooks of this kind.

  • by zissou on 2/10/15, 6:50 PM

    I thinks it's great that 2 well known economists with household names in the academy have taken to marketing programming to economists. I just wish they would have called this venture something other than Quantitative Economics when they launched it last year. It's not that it's the wrong name, it is just misleading.

    A better name would have been Quantitative Macroeconomics, because that is clearly the target market. Yes, I know there are some generic topics in there like Linear Algebra that both micro and macro economists could use, but it's not like there is a lack of numpy and scipy examples on the Internet.

  • by arthurcolle on 2/10/15, 6:41 PM

    I didn't imagine Julia had the maturity to have a book like this written about it. Dives in

    Does anyone have anything to say about Julia's benefits vs R or even Python (SciPy, Numpy, etc)? I'm in a machine learning course this semester and we have a choice of language and I'm wondering if its worth it to try and use Julia rather than Python since its so hip. (Just kidding about it being hip, but it would be interesting to learn something with increasing developer support).

  • by rattray on 2/10/15, 6:00 PM

  • by azth on 2/11/15, 12:04 AM

    The Julia PDF file is 396 pages long, while the Python one is 549 pages long. Hmm :)

  • by byEngineer on 2/11/15, 12:30 AM

    Only Nobel price winning economists think that inflation works. Krugman and now this dude. Not to mention stuff like giving away nobel prices for "encouragement".

    I feel really sorry for physics, chemistry and other researchers who must be really worth something to get this prize just to have a moron believing that printing money solves economic issues sitting next to him.