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Economics

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  • Statistical Science
    2023
    Classical Randomized Controlled Trials (RCTs), or A/B tests, are designed to draw causal inferences about a population of units, for example, individuals, plots of land or visits to a website. A key assumption underlying a standard RCT is the absence of interactions between units, or the stable unit treatment value assumption (Ann. Statist. 6 (1978) 34-58). Modem experimentation, however, is often conducted
  • Dean Foster, Sergiu Hart
    Theoretical Economics
    2023
    In order to identify expertise, forecasters should not be tested by their calibration score, which can always be made arbitrarily small, but rather by their Brier score. The Brier score is the sum of the calibration score and the refinement score; the latter measures how good the sorting into bins with the same forecast is, and thus attests to “expertise.” This raises the question of whether one can gain
  • AEA 2023, NABE 2023
    2023
    In order to improve prices at Amazon, we created Pricing Labs, a price experimentation platform. Since we do not price discriminate, we must run product-randomized experiments. We discuss how we randomize to prevent spillovers, run different experimental designs (i.e., crossovers) to improve precision, and control for demand trends and differences in treatment groups to get more precise treatment effect
  • Mike Bedard, Matt Johnson, Paul Sangrey
    NABE 2022
    2022
    We propose a novel architecture for time series models built upon state-space methods. We jointly estimate many, potentially multivariate, distributions defined using state-space models by partially pooling their parameters across the cross-section. These joint distributions define a novel recurrent neural network. By combining state-space methods and neural networks, we leverage the interpretability of
  • Harsh Parikh, Carlos Vajao, Louise Xu, Eric Tchetgen Tchetgen
    2022
    The fundamental challenge of drawing causal inference is that counterfactual outcomes are not fully observed for any unit. Furthermore, in observational studies, treatment assignment is likely to be confounded. Many statistical methods have emerged for causal inference under unconfoundedness conditions given pre-treatment covariates, including: propensity score-based methods, prognostic score-based methods

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US, WA, Bellevue
We are looking for detail-oriented, organized, and responsible individuals who are eager to learn how to work with large and complicated data sets. Knowledge of econometrics, (Bayesian) time series, macroeconomic, as well as basic familiarity with Matlab, R, or Python is necessary, and experience with SQL would be a plus. These are full-time positions at 40 hours per week, with compensation being awarded on an hourly basis. You will learn how to build data sets and perform applied econometric analysis at Internet speed collaborating with economists, scientists, and product managers. These skills will translate well into writing applied chapters in your dissertation and provide you with work experience that may help you with placement. Roughly 85% of previous cohorts have converted to full time economics employment at Amazon. If you are interested, please send your CV to our mailing list at econ-internship@amazon.com.
GB, London
Are you excited about applying economic models and methods using large data sets to solve real world business problems? Then join the Economic Decision Science (EDS) team. EDS is an economic science team based in the EU Stores business. The teams goal is to optimize and automate business decision making in the EU business and beyond. An internship at Amazon is an opportunity to work with leading economic researchers on influencing needle-moving business decisions using incomparable datasets and tools. It is an opportunity for PhD students and recent PhD graduates in Economics or related fields. We are looking for detail-oriented, organized, and responsible individuals who are eager to learn how to work with large and complicated data sets. Knowledge of econometrics, as well as basic familiarity with Stata, R, or Python is necessary. Experience with SQL would be a plus. As an Economics Intern, you will be working in a fast-paced, cross-disciplinary team of researchers who are pioneers in the field. You will take on complex problems, and work on solutions that either leverage existing academic and industrial research, or utilize your own out-of-the-box pragmatic thinking. In addition to coming up with novel solutions and prototypes, you may even need to deliver these to production in customer facing products. Roughly 85% of previous intern cohorts have converted to full time economics employment at Amazon.
GB, London
Are you excited about applying economic models and methods using large data sets to solve real world business problems? Then join the Economic Decision Science (EDS) team. EDS is an economic science team based in the EU Stores business. The teams goal is to optimize and automate business decision making in the EU business and beyond. An internship at Amazon is an opportunity to work with leading economic researchers on influencing needle-moving business decisions using incomparable datasets and tools. We are looking for detail-oriented, organized, and responsible individuals who are eager to learn how to work with large and complicated data sets. Knowledge of econometrics, as well as basic familiarity with Stata, R, or Python is necessary. Experience with SQL would be a plus. As an Economics Intern, you will be working in a fast-paced, cross-disciplinary team of researchers who are pioneers in the field. You will take on complex problems, and work on solutions that either leverage existing academic and industrial research, or utilize your own out-of-the-box pragmatic thinking. In addition to coming up with novel solutions and prototypes, you may even need to deliver these to production in customer facing products. Roughly 85% of interns from previous cohorts have converted to full time economics employment at Amazon. If you are interested, please send your CV to our mailing list at econ-internship@amazon.com.
JP, 13, Tokyo
The JP Economics team is a central science team working across a variety of topics in the JP Retail business and beyond. We work closely with JP business leaders to drive change at Amazon. We focus on solving long-term, ambiguous and challenging problems, while providing advisory support to help solve short-term business pain points. Key topics include pricing, product selection, delivery speed, profitability, and customer experience. We tackle these issues by building novel economic/econometric models, machine learning systems, and high-impact experiments which we integrate into business, financial, and system-level decision making. Our work is highly collaborative and we regularly partner with JP- EU- and US-based interdisciplinary teams. In this role, you will build ground-breaking, state-of-the-art causal inference models to guide multi-billion-dollar investment decisions around the global Amazon marketplaces. You will own, execute, and expand a research roadmap that connects science, business, and engineering and contributes to Amazon's long term success. As one of the first economists outside North America/EU, you will make an outsized impact to our international marketplaces and pioneer in expanding Amazon’s economist community in Asia. The ideal candidate will be an experienced economist in empirical industrial organization, labour economics, econometrics, or related structural/reduced-form causal inference fields. You are a self-starter who enjoys ambiguity in a fast-paced and ever-changing environment. You think big on the next game-changing opportunity but also dive deep into every detail that matters. You insist on the highest standards and are consistent in delivering results. Key job responsibilities Work with Product, Finance, Data Science, and Data Engineering teams across the globe to deliver data-driven insights and products for regional and world-wide launches. Innovate on how Amazon can leverage data analytics to better serve our customers through selection and pricing. Contribute to building a strong data science community in Amazon Asia.
US, WA, Seattle
Amazon.com strives to be Earth's most customer-centric company where customers can shop in our stores to find and discover anything they want to buy. We hire the world's brightest minds, offering them a fast paced, technologically sophisticated and friendly work environment. Economists in the Forecasting, Macroeconomics & Finance field document, interpret and forecast Amazon business dynamics. This track is well suited for economists adept at combining cutting edge times-series statistical methods with strong economic analysis and intuition. This track could be a good fit for candidates with research experience in: macroeconometrics and/or empirical macroeconomics; international macroeconomics; time-series econometrics; forecasting; financial econometrics and/or empirical finance; and the use of micro and panel data to improve and validate traditional aggregate models. Economists at Amazon are expected to work directly with our senior management and scientists from other fields on key business problems faced across Amazon, including retail, cloud computing, third party merchants, search, Kindle, streaming video, and operations. The Forecasting, Macroeconomics & Finance field utilizes methods at the frontier of economics to develop formal models to understand the past and the present, predict the future, and identify relevant risks and opportunities. For example, we analyze the internal and external drivers of growth and profitability and how these drivers interact with the customer experience in the short, medium and long-term. We build econometric models of dynamic systems, using our world class data tools, formalizing problems using rigorous science to solve business issues and further delight customers.
GB, London
Are you excited about applying economic models and methods using large data sets to solve real world business problems? Then join the Economic Decision Science (EDS) team. EDS is an economic science team based in the EU Stores business. The teams goal is to optimize and automate business decision making in the EU business and beyond. An internship at Amazon is an opportunity to work with leading economic researchers on influencing needle-moving business decisions using incomparable datasets and tools. It is an opportunity for PhD students and recent PhD graduates in Economics or related fields. We are looking for detail-oriented, organized, and responsible individuals who are eager to learn how to work with large and complicated data sets. Knowledge of econometrics, as well as basic familiarity with Stata, R, or Python is necessary. Experience with SQL would be a plus. As an Economics Intern, you will be working in a fast-paced, cross-disciplinary team of researchers who are pioneers in the field. You will take on complex problems, and work on solutions that either leverage existing academic and industrial research, or utilize your own out-of-the-box pragmatic thinking. In addition to coming up with novel solutions and prototypes, you may even need to deliver these to production in customer facing products. Roughly 85% of previous intern cohorts have converted to full time scientist employment at Amazon. If you are interested, please send your CV to our mailing list at econ-internship@amazon.com.
GB, London
Are you excited about applying economic models and methods using large data sets to solve real world business problems? Then join the Economic Decision Science (EDS) team. EDS is an economic science team based in the EU Stores business. The teams goal is to optimize and automate business decision making in the EU business and beyond. An internship at Amazon is an opportunity to work with leading economic researchers on influencing needle-moving business decisions using incomparable datasets and tools. It is an opportunity for PhD students and recent PhD graduates in Economics or related fields. We are looking for detail-oriented, organized, and responsible individuals who are eager to learn how to work with large and complicated data sets. Knowledge of econometrics, as well as basic familiarity with Stata, R, or Python is necessary. Experience with SQL would be a plus. As an Economics Intern, you will be working in a fast-paced, cross-disciplinary team of researchers who are pioneers in the field. You will take on complex problems, and work on solutions that either leverage existing academic and industrial research, or utilize your own out-of-the-box pragmatic thinking. In addition to coming up with novel solutions and prototypes, you may even need to deliver these to production in customer facing products. Roughly 85% of previous intern cohorts have converted to full time scientist employment at Amazon. If you are interested, please send your CV to our mailing list at econ-internship@amazon.com.
US, WA, Seattle
Amazon.com strives to be Earth's most customer-centric company where customers can shop in our stores to find and discover anything they want to buy. We hire the world's brightest minds, offering them a fast paced, technologically sophisticated and friendly work environment. Economists at Amazon partner closely with senior management, business stakeholders, scientist and engineers, and economist leadership to solve key business problems ranging from Amazon Web Services, Kindle, Prime, inventory planning, international retail, third party merchants, search, pricing, labor and employment planning, effective benefits (health, retirement, etc.) and beyond. Amazon Economists build econometric models using our world class data systems and apply approaches from a variety of skillsets – applied macro/time series, applied micro, econometric theory, empirical IO, empirical health, labor, public economics and related fields are all highly valued skillsets at Amazon. You will work in a fast moving environment to solve business problems as a member of either a cross-functional team embedded within a business unit or a central science and economics organization. You will be expected to develop techniques that apply econometrics to large data sets, address quantitative problems, and contribute to the design of automated systems around the company.
US, VA, Arlington
The People eXperience and Technology Central Science Team (PXTCS) uses economics, behavioral science, statistics, and machine learning to proactively identify mechanisms and process improvements which simultaneously improve Amazon and the lives, wellbeing, and the value of work to Amazonians. We are an interdisciplinary team that combines the talents of science and engineering to develop and deliver solutions that measurably achieve this goal. We are looking for economists who are able to apply economic methods to address business problems. The ideal candidate will work with engineers and computer scientists to estimate models and algorithms on large scale data, design pilots and measure their impact, and transform successful prototypes into improved policies and programs at scale. We are looking for creative thinkers who can combine a strong technical economic toolbox with a desire to learn from other disciplines, and who know how to execute and deliver on big ideas as part of an interdisciplinary technical team. Ideal candidates will work in a team setting with individuals from diverse disciplines and backgrounds. They will work with teammates to develop scientific models and conduct the data analysis, modeling, and experimentation that is necessary for estimating and validating models. They will work closely with engineering teams to develop scalable data resources to support rapid insights, and take successful models and findings into production as new products and services. They will be customer-centric and will communicate scientific approaches and findings to business leaders, listening to and incorporate their feedback, and delivering successful scientific solutions. Key job responsibilities Use causal inference methods to evaluate the impact of policies on employee outcomes. Examine how external labor market and economic conditions impact Amazon's ability to hire and retain talent. Use scientifically rigorous methods to develop and recommend career paths for employees. A day in the life Work with teammates to apply economic methods to business problems. This might include identifying the appropriate research questions, writing code to implement a DID analysis or estimate a structural model, or writing and presenting a document with findings to business leaders. Our economists also collaborate with partner teams throughout the process, from understanding their challenges, to developing a research agenda that will address those challenges, to help them implement solutions. About the team We are a multidisciplinary team that combines the talents of science and engineering to develop innovative solutions to make Amazon Earth's Best Employer.
US, WA, Seattle
The People eXperience and Technology Central Science Team (PXTCS) uses economics, behavioral science, statistics, and machine learning to proactively identify mechanisms and process improvements which simultaneously improve Amazon and the lives, wellbeing, and the value of work to Amazonians. We are an interdisciplinary team that combines the talents of science and engineering to develop and deliver solutions that measurably achieve this goal. We are looking for economists who are able to apply economic methods to address business problems. The ideal candidate will work with engineers and computer scientists to estimate models and algorithms on large scale data, design pilots and measure their impact, and transform successful prototypes into improved policies and programs at scale. We are looking for creative thinkers who can combine a strong technical economic toolbox with a desire to learn from other disciplines, and who know how to execute and deliver on big ideas as part of an interdisciplinary technical team. Ideal candidates will work in a team setting with individuals from diverse disciplines and backgrounds. They will work with teammates to develop scientific models and conduct the data analysis, modeling, and experimentation that is necessary for estimating and validating models. They will work closely with engineering teams to develop scalable data resources to support rapid insights, and take successful models and findings into production as new products and services. They will be customer-centric and will communicate scientific approaches and findings to business leaders, listening to and incorporate their feedback, and delivering successful scientific solutions. Key job responsibilities Use causal inference methods to evaluate the impact of policies on employee outcomes. Examine how external labor market and economic conditions impact Amazon's ability to hire and retain talent. Use scientifically rigorous methods to develop and recommend career paths for employees. A day in the life Work with teammates to apply economic methods to business problems. This might include identifying the appropriate research questions, writing code to implement a DID analysis or estimate a structural model, or writing and presenting a document with findings to business leaders. Our economists also collaborate with partner teams throughout the process, from understanding their challenges, to developing a research agenda that will address those challenges, to help them implement solutions. About the team We are a multidisciplinary team that combines the talents of science and engineering to develop innovative solutions to make Amazon Earth's Best Employer.