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Recently, there has been much discussion about replicability and credibility. By integrating the full research record …'. Through Monte Carlo simulation, closely calibrated on the typical conditions found among 6,700 economics research papers, we … research credibility. …
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Good policy requires reliable scientific knowledge, but there are many obstacles. Most econometric estimates lack adequate statistical power; some estimates cannot be replicated; publication selection bias (the selective reporting of results) is common; and there is wide variation in the evidence...
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