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Economics is not only a social science, it is a genuine science. Like the physical sciences, economics uses a methodology that produces refutable implications and tests these implications using solid statistical techniques. In particular, economics stresses three factors that distinguish it from...
Persistent link: https://www.econbiz.de/10012471484
This paper advances the use of pre-analysis plans in non-experimental research settings. In a study of recent minimum wage changes, we demonstrate how analyses of medium- and long-run impacts of policy interventions can be pre-specified as extensions to short-run analyses. Further, our...
Persistent link: https://www.econbiz.de/10012629484
The analysis of historical natural experiments has profoundly impacted economics research across fields. We trace the development and increasing application of the methodology, both from the perspective of economic historians and from the perspective of economists in other subdisciplines. We...
Persistent link: https://www.econbiz.de/10012479278
replications before submission of a paper to journals. We demonstrate the operation of this method via an investigation of the …
Persistent link: https://www.econbiz.de/10012479325
We introduce a new experimental paradigm to evaluate employer preferences, called Incentivized Resume Rating (IRR). Employers evaluate resumes they know to be hypothetical in order to be matched with real job seekers, preserving incentives while avoiding the deception necessary in audit studies....
Persistent link: https://www.econbiz.de/10012479750
This paper examines potential tradeoffs between research methods in answering important questions versus providing more cleanly identified estimates on problems that are potentially of lesser interest. The strengths and limitations of experimental and quasi-experimental methods are discussed and...
Persistent link: https://www.econbiz.de/10012480971
A policy of deputization asks agents to monitor others without providing explicit incentives. It is often used to prevent dangerous activities. To calibrate whether and why it works, we study recent laws that deputized financial professionals to help fight elder financial abuse. We show...
Persistent link: https://www.econbiz.de/10012481808
estimation method that accounts for non-zero profits, structurally estimates adjustment costs, and relies on a utilization proxy …
Persistent link: https://www.econbiz.de/10012482228
characteristics that affect hiring. The method is applied to actual data and assessed using Monte Carlo methods …
Persistent link: https://www.econbiz.de/10012462209
education and home visits to disadvantaged children during their preschool years. It was evaluated by the method of random …
Persistent link: https://www.econbiz.de/10012462417