Davis, Donald R.; Weinstein, David E. - In: Eastern Economic Journal 22 (1996) 4, pp. 433-440
Beamer and Levinsohn (1995) have recently proposed a formula for empirical work in international macroeconomics summarized by the injunction to "Estimate, Don't Test!" This is based on a perception that much of the empirical work has failed to be influential as it tests propositions we know ex...