If you have a hammer, everything becomes a nail.
You come up with that one all by yourself?
No, he wrote a model to come up with it.
Structural is dead
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What percent of empirical papers in the Top 5 are structural? My guess is less than 30%.
My guess is between 0% and 100%.
—Chuck ManskiIt took 7 pages of arguing about structural vs. reduced form to fail to reach a resolution.
But, on the topic of partial identification, we get a resolution in only one post.
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As a whole, empirical social science is not reliable.
So, what? We go back to qualitative analysis and long long essays of unrepresentative case studies?
Yes, at least those can be entertaining and insightful. Read some Clifford Geertz and tell me you are not entertained.
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As a whole, empirical social science is not reliable.
So, what? We go back to qualitative analysis and long long essays of unrepresentative case studies?
Yes, at least those can be entertaining and insightful. Read some Clifford Geertz and tell me you are not entertained.
Only a very small minority of economists can write well enough to give you an entertaining read. So I'd prefer to just read the tables and a few paragraphs on identification.