Advances in Economics and Econometrics: Volume 2

Every five years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consist of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussion of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

Victor Chernozhukov is the International Ford Professor in the Department of Economics at MIT and Center for Statistics and Data Science of MIT. He is a Fellow of The Econometric Society and a recipient of the Alfred P. Sloan Research Fellowship, the Arnold Zellner Award, and the Bessel Award. He was elected to the American Academy of Arts and Sciences in April 2016. In 2019 he was elected a Fellow of the Institute of Mathematical Statistics with the citation 'for pathbreaking contributions to high-dimensional inference'. Johannes Hörner is the Alfred Cowles Professor of Economics at Yale University and directeur de recherche at CNRS and the Toulouse School of Economics. He is a Fellow of the Econometric Society and served as Co-Editor of Theoretical Economics and Economic Theory and Editor of American Economic Journal: Microeconomics. His research is in economic theory, with emphasis on game theory. Eliana La Ferrara is a Professor of Public Policy at Harvard Kennedy School. She is the 2023 President of the Econometric Society and Foreign Honorary Member of the American Economic Association and of the American Academy of Arts and Sciences. Her research is in Development and Political Economics, particularly on the role of social factors in economic development. Iván Werning is the Robert M. Solow Professor of Economics at the Massachusetts Institute of Technology, where he has been since earning his PhD from the University of Chicago in 2002. He is an Argentine economist with research interests in macroeconomics, international economics and public finance. He is a member of the American Academy of Arts and Sciences, a Fellow of the Econometric Society, and a Research Fellow at the National Bureau of Economic Research.