arXiv:2511. 01680v4 Announce Type: replace-cross Abstract: Social scientists are increasingly turning to unstructured datasets to unlock new empirical insights, e.
By Jacob Carlson
The article discusses how artificial intelligence is reshaping measurement in economics by converting unstructured data into structured variables at low cost, enabling large‑scale measurement that was previously infeasible. It outlines three stages—discovery, construct definition, and observation—where AI impacts the measurement pipeline and stresses the importance of rigorous validation to ensure credible inference. The review offers guidance on navigating the shift from a single scalable measure to multiple plausible ones that can lead to differing empirical conclusions.
By Melissa Dell, Ashesh Rambachan
The paper introduces an AI economist agent that integrates large language models, retrieval‑augmented generation, knowledge graphs, and quantitative models to conduct evidence‑based economic and financial scenario analysis. The framework orchestrates LLM agents to plan analyses, retrieve relevant evidence, and structure economic mechanisms, while registered quantitative models produce numerical outcomes and predefined tests validate intermediate results for inclusion in the final report. Applied to European macro‑financial stress scenarios and bank capital analysis, the empirical study demonstrates the agent’s ability to combine flexible evidence retrieval and scenario construction while maintaining traceability to sources and explicit model calculations.
By Masahiro Kato
arXiv:2409.14202v4 Announce Type: replace-cross
Abstract: The instrumental variables (IVs) method is a leading empirical strategy for causal inference. Finding IVs is a heuristic and creative process...
By Sukjin Han
arXiv:2606. 20041v1 Announce Type: cross Abstract: We propose a model-grounded RAG-based AI economist with an agentic framework for economic scenario analysis using large language models (LLMs) and knowledge graphs.
By Masahiro Kato
arXiv:2603. 19005v2 Announce Type: replace-cross Abstract: Data science plays a critical role in transforming complex data into actionable insights across numerous domains.
By An Luo, Jin Du, Xun Xian, Robert Specht, Fangqiao Tian, Ganghua Wang, Xuan Bi, Charles Fleming, Ashish Kundu, Jayanth Srinivasa, Mingyi Hong, Rui Zhang, Tianxi Li, Galin Jones, Jie Ding