That is all.
Steven Levitt sucks
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levitt makes big errors like omitting key explanatory variables he claims to have included or getting a weighting matrix off in GLS. but hey, he is gracious enough to admit it when caught redhanded. that makes him clark medal-worthy in the eyes of poterba. his ideas are interesting and hey, just plain whacky. long live joke-a-nomics.
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Since Levitt arrived to Chicago the dept has gone to the toilet and student morale has reached new lows.
Explanation: students take math camp and then heavily quantitative courses to end up having trouble getting jobs while a skilled salesman selling irrelevant but cute regressions with no quantitative skills nor training is having great academic success within the same department. That's why so many Chicago students leave academia. -
Since Levitt arrived to Chicago the dept has gone to the toilet and student morale has reached new lows.
Explanation: students take math camp and then heavily quantitative courses to end up having trouble getting jobs while a skilled salesman selling irrelevant but cute regressions with no quantitative skills nor training is having great academic success within the same department. That's why so many Chicago students leave academia.You are forgetting some important details (Hint: the advising and general treatment to students suck)
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couldn't they just work with Heckman then?
Since Levitt arrived to Chicago the dept has gone to the toilet and student morale has reached new lows.
Explanation: students take math camp and then heavily quantitative courses to end up having trouble getting jobs while a skilled salesman selling irrelevant but cute regressions with no quantitative skills nor training is having great academic success within the same department. That's why so many Chicago students leave academia.