Text Analysis and Causal Machine Learning (ECO-AD-TEXTCAUS)
ECO-AD-TEXTCAUS
| Department |
ECO |
| Course category |
ECO Advanced courses |
| Course type |
Course |
| Academic year |
2026-2027 |
| Term |
BLOCK 1 |
| Credits |
.5 (EUI Economics Department) |
| Professors |
- Carolina Biliotti (Max Weber Fellow)
|
| Contact |
Aleksic, Ognjen
|
| Sessions |
|
| Enrolment info |
Contact ognjen.aleksic@eui.eu for enrolment details. |
Description
Course overview:
Session 1:
ML recap, interpretability and Image models
• Conditional Expectation function: Prediction vs. explanation in social science
• Model evaluation (cross-validation, overfitting)
• Regularized Regression models
• CART models
• Explainability tools (feature importance, SHAP)
Session 2:
Text as data – Part 1
• Word embeddings (word2vec)
• Text pre-processing
• The “Geometry of culture” approach
• Applications
Session 3:
Text as data – Part 2
• The Encoder revolution: from low memory to BERT
• Transformer models: evolution towards GPT
• Prompting strategies
• Risks: hallucinations, bias, guard-rails.
Session 4:
Causality Meets Machine Learning (Part 1)
• Partialling Out and Neyman orthogonality
• ML for causal inference (Double Post-Lasso, DDML)
• Applications
Session 5:
Causal ML: heterogeneity, observed, unobserved confounders (Part 2)
• DML-IV
• Heterogeneous treatment effects: Causal Trees and Forests
• Double Robust IPW
• Applications
Learning Support:
• Kozlowski and Evans (2019) “The geometry of Culture”, American Sociological Review.
• Devlin, J., Chang, M.W., Lee, K., et al. (2019) BERT: Pre-Training of Deep Bidirectional Transformers for Language Understanding. Proceedings of NAACL-HLT 2019, Minneapolis, 2-7 June 2019, 4171-7186.
• Chernozhukov, et al (2018), Double/debiased machine learning for treatment and structural parameters. The Econometrics Journal.
• Michael Knaus, Slides 5, 6, 7 (2025);
• Victor Chernozhukov, Hansen, Spindler, Kallus, Syrgkanis, (2026), Applied Causal Inference Powered by ML and AI. Chapters: 4, 9, 13, 15;
• Mutlu Yuksel and Yigit Aydede, 2025, Causal Inference and Machine Learning: In Economics, Social, and Health Sciences. Chapters: 19, 21, 22, 23, 24;
• S. Athey, & G. Imbens, Recursive partitioning for heterogeneous causal effects, Proc. Natl. Acad. Sci. U.S.A. 113 (27) 7353-7360, https://doi.org/10.1073/pnas.1510489113 (2016).
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Page last updated on 05 September 2023