Empirical Micro-economist
Currently a PhD candidate in Economics at the Nanyang Technological University. I use machine learning and natural language processing within the standard applied econometric analyses. I use Stata for standard applied econometrics and Python for everything else.
This paper explores a novel and objective measure of political media slant using the aid of natural language processing and machine learning. Implementing this approach in the institutional context of Singapore, the paper finds that The Straits Times, the flagship daily, is less accurate when quoting the parliamentary speeches of opposition politicians.
In this paper, I exploit the institutional context of Singapore to estimate the effect of board gender diversity on firm performance using a sample from 2000 to 2017. To address endogeneity concerns, I instrument the number of women on board using the increase in women political participation and private firms' differential links to the government. The evidence suggest that having more women in the boardroom does not affect profitability, firm value, or systematic risk.
I use Python for my research work, and have benefited extensively from open-source libraries in the Python ecosystem. As a tiny contribution I wrote Leixcal richness, which I use to generate proxies for language sophistication in my research.
Email: | lucas@lucasshen.com |
shen0143@ntu.edu.sg |