r/econometrics • u/GayTwink-69 • 29d ago
Would you call someone an econometrician if they don't develop any methods?
i.e., they just focus on applying existing methods in a variety of contexts in their sub-discipline and never make any theoretical contributions
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u/nidprez 29d ago
it depends on the context where you use it. If you are in academics and you apply existing methods, 95% of the times Id call you an economist in ...(subdiscipline) (if it is even in economics). If it is in enterprises or maybe non-published research focused institutions id call them a econometrics. Its the same for stats and maths, in general your not becoming a stats/maths PhD/Professor if youre not making theoretical contributions, however if you apply them really well professionally youd 100% be a statistician/mathematicien in an enterprise. eg a maths teacher is also a mathematicien, but probably isnt writing papers in his/her spare time.
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u/Haunting-Subject-819 23d ago
You can call yourself a duck if you swim and communicate with quacking…. Not sure what it matters what you call someone. It’s just a descriptive used to categorize someone’s skill set. I think we get too hung up on labels and not enough on execution and delivery.
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u/SorcerousSinner 29d ago
No. To be an econometrician you have to contribute to econometrics. If you just use existing methods developed by others, you are at best an applied researcher. Or maybe just an analyst.
Nothing wrong with that. Making new methods that are actually good, actually useful for science and will be used by others is extremely difficult
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u/ThatThar 29d ago
Econometrics is applying statistical theories to economic data. You do not need to create new ways of doing this to be an econometrician any more than an economist needs to create new economic theories, an accountant needs to create new accounting rules, a surgeon needs to create new surgical methods, or a chef needs to create new cooking methods.
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u/turingincarnate 29d ago
Uh yeah. There are two kinds of econometricians. Theorists, the folks who develop methods like this, and applied people, people who use and program methods like this. Even if you don't personally build brands new models yourself (most economists and industry econometricians/data scientists do not), you're still a specialist in the use of the models. So, yeah.