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Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,If I master econometrics,\Nwhat jobs can I get?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Our students, both undergraduate,\Nmaster's and PhD students
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,have a very well [ ] job market.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The traditional\Nnon-academic job market
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,for an economics major\Nwith quantitative skills
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is kind of consulting, also finance.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,What's happened\Nin the last 10 or 15 years
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is this new sector has opened up.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Some people call it\Nthe Silicon Valley sector,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Google, Facebook,\NUber, Netflix, Amazon--
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,they're hiring economists
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,with quantitative skills\Nfor the most part,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,now necessarily [ ]\Neconometricians,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but people who are good with data,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,trained with data.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,What's new about, say, Amazon,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,as opposed to some\Nof these other employers
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that have been around\Nfor a long time,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is Amazon is asking fairly narrow
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but very clearly causal questions\Nabout their own world.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,They have the data to answer them,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and they're prepared\Nto run experiments.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I now have three PhD students\Nwho are working at Amazon.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's apparently not okay\Nfor them in any detail
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,about what they do there.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So when I asked them,\N"What are you up to?"
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,they say, "We're running\Nexperiments."
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,♪ (music) ♪
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Ready to master econometrics?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Click here to embark\Non an educational journey
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,with Josh Angrist, aka Master Josh
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,or if you'd like to watch more\Nfrom this interview series,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,clidk here.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,♪ (music) ♪