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We design a laboratory experiment to investigate bilateral link formation in a setting where payoffs are pair …
Persistent link: https://www.econbiz.de/10012456913
While empirical economics has made important strides over the past half century, there is a recent attack that threatens the foundations of the empirical approach in economics: external validity. Certain dogmatic arguments are not new, yet in some circles the generalizability question is beyond...
Persistent link: https://www.econbiz.de/10012481390
This essay reviews progress in empirical economics since Leamer's (1983) critique. Leamer highlighted the benefits of sensitivity analysis, a procedure in which researchers show how their results change with changes in specification or functional form. Sensitivity analysis has had a salutary but...
Persistent link: https://www.econbiz.de/10012462856
as a response to the failure of nature to properly design an experiment for us. We argue that 1) any DiD paper should …
Persistent link: https://www.econbiz.de/10012452864
Oregon Health Insurance Experiment from Finkelstein et al. (2012). We find substantial power gains in both applications …
Persistent link: https://www.econbiz.de/10013172142
perspective of economists in other subdisciplines. We argue that the historical natural experiment represents a methodological …
Persistent link: https://www.econbiz.de/10012479278
How should researchers design panel data experiments? We analytically derive the variance of panel estimators, informing power calculations in panel data settings. We generalize Frison and Pocock (1992) to fully arbitrary error structures, thereby extending McKenzie (2012) to allow for...
Persistent link: https://www.econbiz.de/10012480194
Large-scale social experiments were pioneered in labor economics, and are the basis for much of what we know about topics ranging from the effect of job training to incentives for job search to labor supply responses to taxation. Random assignment has provided a powerful solution to selection...
Persistent link: https://www.econbiz.de/10012456094
A modern, decision-theoretic framework can help clarify important practical questions of experimental design. Building on our recent work, this chapter begins by summarizing our framework for understanding the goals of experimenters, and applying this to re-randomization. We then use this...
Persistent link: https://www.econbiz.de/10012456508
Understanding whether labor market discrimination explains inferior labor market outcomes for many groups has drawn the attention of labor economists for decades - at least since the publication of Gary Becker's The Economics of Discrimination in 1957. The decades of research on discrimination...
Persistent link: https://www.econbiz.de/10012456651