The most widely used programming languages for economic research are Julia, Matlab, Python and R. This column uses three criteria to compare the languages: the power of available libraries, the speed and possibilities when handling large datasets, and the speed and ease-of-use for a computationally intensive task. While R is still a good choice, Julia is the language the authors now tend to pick for new projects and generally recommend.
Does it make sense to invest in low vol funds?
I just tried the same code in R’s data.tables and Julia’s DataFrames, and the results are a bit surprising.
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