[PDF] a comparison of programming languages in economics

  • What programming language is used in economics?

    Both Python and R are excellent tools for econometric analysis. However, Python is more commonly used in academic circles and is more likely to be familiar to economists. On the other hand, R is more widely used in industry and may be more efficient for certain types of analyses.

  • How to compare programming languages?

    The other way to compare languages is level of abstraction. This indicates how close a particular language is to the hardware. Machine Code is the lowest level, with Assembly Language just above it. C++ is higher than C because C++ offers greater abstraction.

  • Is programming used in economics?

    Given so much of economics is quantitative, coding is an essential skill for many economists. Many of the tools and packages that have been developed will help you to do better work more productively.
  • C++ may be more popular among younger economists for the same job, but fortran has had surprising staying power.
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A Comparison of Programming Languages in Economics

A COMPARISON OF PROGRAMMING LANGUAGES IN ECONOMICS. S. Boraan Aruoba. Jesús Fernández-Villaverde. Working Paper 20263 http://www.nber.org/papers/w20263.



A Comparison of Programming Languages in Economics

A COMPARISON OF PROGRAMMING LANGUAGES IN ECONOMICS. S. Boraan Aruoba. Jesús Fernández-Villaverde. Working Paper 20263 http://www.nber.org/papers/w20263.



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Computers Programming and Dynamic General Equilibrium

Mar 22 2022 Julia is a more promising programming language in economics given its similarities to MATLAB and its faster computation speed compared with ...







Matlab Python

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