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Economists are increasingly turning to the experimental method as a means to estimate causal effects. By using randomization to identify key treatment effects, theories previously viewed as untestable are now scrutinized, efficacy of public policies are now more easily verified, and stakeholders...
Persistent link: https://www.econbiz.de/10013108249
Economists are increasingly turning to the experimental method as a means to estimate causal effects. By using randomization to identify key treatment effects, theories previously viewed as untestable are now scrutinized, efficacy of public policies are now more easily verified, and stakeholders...
Persistent link: https://www.econbiz.de/10013072579
The economics 'credibility revolution' has promoted the identification of causal relationships using difference-in-differences (DID), instrumental variables (IV), randomized control trials (RCT) and regression discontinuity design (RDD) methods. The extent to which a reader should trust claims...
Persistent link: https://www.econbiz.de/10012911143
Quantitative analysis of causal effects in political science has trended toward the adoption of "causal empiricist" approaches. Such approaches place heavy emphasis on causal identification through experimental and natural experimental designs and on characterizing the specific subpopulations...
Persistent link: https://www.econbiz.de/10012992772
Either in the form of nature’s wrath or a pandemic, catastrophes cause major destructions in societies, thus requiring policy and decision makers to take urgent action by evaluating a host of interdependent parameters, and possible scenarios. The primary purpose of this pa-per is to propose a...
Persistent link: https://www.econbiz.de/10013224647