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X-WR-CALDESC:Events for CREST
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TZOFFSETFROM:+0200
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DTSTART:20190331T010000
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DTSTART:20191027T010000
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DTSTART;TZID=Europe/Helsinki:20190904T001500
DTEND;TZID=Europe/Helsinki:20190904T133000
DTSTAMP:20260713T035911
CREATED:20190819T152527Z
LAST-MODIFIED:20190819T152527Z
UID:12298-1567556100-1567603800@crest.science
SUMMARY:Mar Reguant (Northwestern University) - "Machine Learning from Schools about Energy Efficiency"
DESCRIPTION:CREST Microeconomics Seminar :  \n\nTime: 12:15 pm – 1:30pm\nDate: 4th Sep. 2019\nPlace: Room 3001.\nMar Reguant (Northwestern University) – “Machine Learning from Schools about Energy Efficiency”\, joint work with Fiona Burlig\,Christopher Knittel\, David Rapson\, Catherine Wolfram.\n\nAbstract: “We implement a machine learning approach for estimating treatment effects using high-frequency panel data to study the effectiveness of energy  efficiency in K-12 schools in California. We find that energy efficiency upgrades deliver only 70 percent of ex ante expected savings on average. We find that the estimates using a standard panel fixed effects approach imply smaller savings and are more sensitive to specification and outliers. Our findings highlight the  potential benefits of using machine learning in applied settings and align with a growing literature documenting a gap between expected and realized energy efficiency savings.” \n\nOrganizers: \n\n\nRoxana Fernandez Machado (CREST)\, Marie Laure Allain (CREST)\, and Linda Schilling (CREST)\nSponsors:\nCREST\nLunch registration:\nfood provided\, no registration needed\n\n  \n
URL:https://crest.science/event/mar-reguant-northwestern-university-t-b-a/
LOCATION:3001
CATEGORIES:Microeconomics
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