Timothy H. Savage, Ph.D., Senior Managing Economist, Principal Data Scientist

tim.savage@cbre.com | +1 617-912-5265

Timothy Savage is the Senior Managing Economist and Principal Data Scientist for Econometric Advisors, where he leads strategy, daily operations and client-facing engagement. He also leads special projects, such as examining the potential impacts of automation on property use and using the tools of machine learning to identify suburban clusters that function similarly to central business districts.

Dr. Savage is an econometrician with more than 15 years of experience in economics and business consulting at international firms such as Charles River Associates and Navigant Consulting. Since the global financial crisis, he has focused on financial econometrics, simulation modeling, and examining conditions under which causal inferences can be drawn from non-experimental data. Dr. Savage’s published works range from assessing adverse labor market outcomes’ implications for the career paths of younger workers to evaluating the impact of pollution on residential property values. Dr. Savage has also developed survey instruments and data analysis to examine consumers’ willingness to pay for improvements in air quality.

Dr. Savage has been featured in PWC’s “Cities of Opportunity,” and his research has been discussed in The Economist. He has addressed the National League of Cities on the uses of big data in policymaking. He is a visiting scholar and adjunct professor at New York University’s Center for Urban Science and Progress.  He holds a Ph.D. in economics from the University of North Carolina—Chapel Hill.

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