Behavioural and Experimental Economist, Assistant Professor @unibirmingham. Research Interest in Education, Cognition, Gender and Risk.

London, UK
Joined March 2013
Amalia Di Girolamo retweeted
Last Wednesday I gave a talk at USC's Econ department on "Skills in Economics Research". I turned my talk into a YouTube video teaching the use of skills, and the 7 mistakes I see economists consistently making with skills. Here are the 7 mistakes: 1. Economists often don't make their own skills. Instead they look for libraries of skills made by other people. The skills they find only partially fit their use case. I show in the video that skills are typically very easy to make. 2. They make too few skills - often countable just on one hand. I have hundreds of skills across my projects. I suggest economists adopt a "rule of 3" with respect to skills: if you notice yourself doing the same thing three times, make a skill. 3. They make unnecessary skills. Often economists without significant pre-AI coding experience will make skills in situations a deterministic script is more appropriate. I explain through a case study of economics research on the "cereal industry" how one can understand whether their current problem is "skill-shaped". 4. They don't use their previous agent conversations to improve their skills. Both Codex and Claude Code store session transcripts on your computer. Your agent can use these to improve existing skills and identify useful new ones—I show how. 5. They don't clean up their skills. As projects evolve or new models get released, skills often "go stale", and start to work against you - costing you tokens and time rather than saving them. I explain a low effort mechanism to do a "spring cleaning" of your skills. 6. They don't use skills for project management. My two most useful skills are the skill to handle all my meeting transcripts and the one to handle my email. Especially for senior faculty who are not writing code, but are managing many projects - these project management skills are invaluable (see @cblatts' Claude Blattman). I show how to set up and use these skills. 7. They don't compose their skills. Skills can call other skills. For the ambiguous knowledge work which characterizes much of economics research, it's important to think carefully about whether a repeatable workflow makes most sense as one skill or several skills working together. I provide guidance on how to make that decision, with examples. If you've been following me for a while, this is without a doubt the best video I've made, and will hopefully be a lower bound for what is to come! Full video link: youtu.be/BQahybA5lMg
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Amalia Di Girolamo retweeted
I’m not going to agree with Andy Burnham on everything, but this statement needed to be said by a Prime Minister. After the Conservatives suppressed the truth for years, this took courage.
Andy Burnham becomes first PM to confirm Russian interference in Brexit referendum @campbellclaret and @RoryStewartUK's exclusive interview with @andyburnham on tomorrow's episode of Leading is out in full at midnight.
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Amalia Di Girolamo retweeted
Do Female Directors Raise ESG Ratings? A Meta-Analysis econpapers.repec.org/paper/f… Not really.
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Amalia Di Girolamo retweeted
Cooked. Academic productivity through the roof but journal space / referee capacity can not keep up. Good for science but pressure is on - AI or bust
Número de artículos científicos enviados a arXiv. Ya se ve que esto es ingobernable...
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Amalia Di Girolamo retweeted
Dataverse 2024: 2,302 graduates from 21 Chilean universities — internships, university profile, and public/private orientation after graduation. Dataset: doi.org/10.7910/DVN/EW9XMN Subscribe: assistweekly.org
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Amalia Di Girolamo retweeted
I want to briefly explain why I joined Abhijit Banerjee, Peter Diamond, Esther Duflo, Paul Krugman and Joe Stiglitz in signing the letter on the California billionaire tax: ft.com/content/94ec0fee-53ab… In principle, I am not convinced that permanent wealth taxes would be necessary if the tax-transfer system were designed optimally. But the US tax system is very far from optimal, and has been for decades. As I have documented in my research (for example, here: mitsloan.mit.edu/shared/ods/…), labor income is taxed much more heavily than capital income. This asymmetry creates two distinct problems. First, it makes the tax system highly regressive at the top. The very rich, who receive much of their income from capital or can use accounting tricks to reclassify their income as capital income, pay remarkably little in taxes. For example, a business owner who runs their own company should receive a significant part of their income as labor earnings for their work as CEO. Instead, they can take their compensation in stock and borrow against those holdings to finance whatever consumption they desire, minimizing their tax obligations. Even their heirs may avoid paying these taxes. Second, the asymmetry distorts automation decisions: it effectively subsidizes machinery and AI relative to hiring workers (for example, here: brookings.edu/articles/does-…). These distortions have allowed a small number of people to amass vast fortunes without paying their fair share of taxes, and have fueled excessive automation. The resulting inequality is a problem in its own right. It is all the more dangerous today because our institutions have become fragile, allowing the very wealthy to exert growing control over the political process. A temporary wealth tax can therefore be justified on three grounds: (1) it partially reverses the effects of more than two decades of tax avoidance by the very wealthy; (2) it acts as a brake on their growing dominance over the political process; and (3) it may pave the way for more comprehensive tax reform at the federal level. The California billionaire tax is not perfect. For example, a federal tax would lessen risks related to capital flight, and removing the rigid earmarking of the revenues for specific purposes would enable the proceeds to reduce the national debt. Nevertheless, with few other options on the table, I believe the California proposal deserves support.
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Amalia Di Girolamo retweeted
Here is data I’d love to see more of: have we seen an increase in the quality of economic inputs or new types of outputs with AI? We have seen new AI products, eg muse assistant, but have we seen firms that use AI as an input ship higher quality or different products? Do consumers prefer these products over alternatives? The reason this is important is we are constantly hearing about speed ups in economic inputs, eg lines of code, shipping whole inputs on products, but there’s less discussion of eg, Spotify has reported much more productive coders, with almost all code written by AI, has the app gotten better? Does it have new features that customers value? This is an empirical question that I’d love to see data on, since this is what will ultimately matter for welfare and growth. Will likely require survey data as well.
One way to think about AI progress is not whether it crosses some benchmark of smartness, but whether it crosses benchmark's of real world accomplishments. I asked Astra to sketch out 5 economically important things we'd expect genuine AGI to be able to get done
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Amalia Di Girolamo retweeted
I had fun doing this interview!
In the newest installment of the Inquiring Minds series, @BarbaraBiasi advises researchers to study what they are passionate about. Read more about her favorite research topics – education and its impact on intergenerational mobility – here: bit.ly/4havpMU
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Amalia Di Girolamo retweeted
Really excited to be part of this amazing AI x Economy group that spans across @Google and @GoogleDeepMind. My team will be focused on the economics of AGI, and includes Julian Jacobs (@JulianDJacobs), Andrew Koh (@andrewjkoh), and Maria del Rio-Chanona (@RMaria_drc). We'll be collaborating with @danielrock, @AnuMadgavkar, Zanna Iscenko, @m_codreanu, @arthurturrell, @Dr_Atoosa, @JMateosGarcia. @shree_pandya_x, @davidautor, @professor_ajay @Ph_Aghion, amongst many others, to publish rigorous research on the economics of AI across a broad swath of questions, from the impact on labor markets and the macroeconomy, to AI x Science and economic development. Last week saw the release of our first projects as a team, and much more to come!
Replying to @danielrock
We're learning a lot looking at how people use AI (like our science and AI paper this week). We plan to ramp up even more, with some great collaborators: blog.google/innovation-and-a… and you can check out more about our work here: ai.google/economy/
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Amalia Di Girolamo retweeted
Advances with Field Experiments 2026 was simply amazing! So many people using the world as their lab to help make things just a little bit better. Bravo!
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Amalia Di Girolamo retweeted
Today we are announcing the new DeepMind Institute, a forum dedicated to interdisciplinary, evidence-led debate on the societal and economic questions surrounding AGI. As part of the launch, @JulianDJacobs and I have a new essay and working paper: “Economic Policy for AGI.” bit.ly/economic-policy-for-A… 🧵1/n
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Amalia Di Girolamo retweeted
Thrilled to release AI in Science: Early Insights into the world. This was a project co-led with the excellent @JMateosGarcia and @m_codreanu and an incredible team of co-authors. This collaboration between @Google and @GoogleDeepMind teams is the first, initial look, representing the beginning of a research agenda for us. The promise of AI for economic growth and flourishing moves directly through its impact on science, and this paper is the start of a brand new effort in our group on the study of AI's impact on science. Lots of results, lots of insights, lots of questions still to answer. There is great excitement -but also concerns- about the impacts of AI on science, but so far little data. We provide early insights on this from three complementary data sources: 1) a sample of 15 million Gemini interactions, 2) an inventory of over *2,600* specialized AI models (e.g., AlphaFold) across disciplines, 3) a new survey of over 600 scientists. But what does this tell us about how scientists actually use AI in their workflow, and is the impact of AI? To answer these questions, we map these data to: a) a new taxonomy of scientific tasks from @ProfNeilT and his lab; b) bibliometric data tracking scientific publications, and citations (including to specialized AI models). Four main findings emerge. 1) We find broad adoption and coverage: scientists use AI more than most other occupations. Specialized AI models have huge disciplinary coverage and are highly cited. Nearly half of the scientists surveyed report using some form of AI every day. 2) There is evidence that LLMs and specialized models act as *economic complements*: LLMs are used for general analysis, coding, and manuscript preparation, while specialized models push the frontier through domain-specific predictions, data generation and classification. The figure below illustrates this nicely: Each model class reinforces the other in the scientific process. 3) Surveyed scientists report large productivity gains from using AI: a saving of nearly 7 hours per week, time which is primarily reinvested in more research. Scientists also report having better access to interdisciplinary insights and increased capacity for synthesis. 4) But as some stages of scientific research become easier, bottlenecks shift downstream to non-automated tasks. Scientists report an increased backlog of untested hypotheses and substantial time spent on output verification. Half of scientists also report AI is pushing them towards safer, more incremental question, evidence of a potential “streetlight effect”. What do we make of this? Our findings suggest that AI holds significant potential to increase scientific productivity. However, as with other sectors, its ultimate impact will be governed by complex task interdependencies and investment into eliminating emerging bottlenecks. Investment into infrastructure and the organization of scientific production is necessary to realize AI’s full scientific potential for economic and societal gains. Finally, this is work in progress. There are many limitations, which we discuss in section 6 of the paper, at length. Link: ai.google/static/documents/A…
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Amalia Di Girolamo retweeted
This is something we've been working on for the last few months. A new series for Radio 4 about how technology is changing what we value - and about value shifts through history and what they can teach about the one we're living through now. bbc.co.uk/sounds/play/m00322…
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Amalia Di Girolamo retweeted
Come sta cambiando e come cambierà la professione dell'Economista (accademico) con l'arrivo dell'AI? Ne parliamo con @Giammacco @sergallet in quest'articolo sulla @lavoceinfo di oggi 👇
L’IA sta entrando in tutte le fasi della ricerca: rendendo più semplice produrre paper, potrebbe aumentarne quantità e qualità. Diventa quindi centrale stabilire come valutare i ricercatori. Ne scrivono G. Daniele, S. Galletta e @mlemoglie lavoce.info/archives/112489/…
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Amalia Di Girolamo retweeted
This beautifully written article by Annie Liang synthesizes the important work that has emerged on the use of machine learning in economic modelling. A very exciting new horizon.
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Amalia Di Girolamo retweeted
This 👇👇👇
A major problem in science is that many professors or laboratory directors (i.e., PIs) establish their careers by being in the right place at the right time, then coast for another twenty or thirty years through the networks and boys’ clubs that sustain them. They fail to learn new technologies and do not adapt because their connections make adaptation unnecessary. You would be shocked by how many science faculty either do not use LLMs or use them in rudimentary ways, treating them as search engines. The best scientists continue innovating later in life because they keep learning and adapting to new technologies. That is the real test for an older scientist: whether the person continued adapting and learning new things in science or moved into administration entirely. Fauci chose administration.
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Amalia Di Girolamo retweeted
Brexit 2017 - Avelino Sala
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Amalia Di Girolamo retweeted
Happy 4th of July everyone. I came here as a kid at 9 years old, not knowing a single word of english, lived on food stamps in section 8 housing. My parents cleaned houses while my sister and I collected cans for recycling. Our clothing was all donated and our furniture was things we found on the curb (here I am in front of our "tv set", the broken one being used as a stand for the little working b/w one). But this country gave us an opportunity--to learn, to work hard and earn something for it. "Grateful" does not begin to cover it. I owe this country and its people everything I have. Thank you America, happy 250 to the idea.
bets still on the table America, yet.
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Amalia Di Girolamo retweeted
Quants cooked
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Amalia Di Girolamo retweeted
Thanks to everyone who's already watched this on X or on YouTube. We're experimenting with longer versions of our explainers and it's great to see they're proving helpful.
Is the UK worse off because of Brexit? Ten years on since the Brexit referendum, we've looked at this question in detail. The video is produced by Katerina Karelli - and it's longer than our usual explainers. I hope you find it helpful.
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