The Credibility Revolution in Econometrics

May 13, 2010

Angrist and Pischke are on a tear.  They’re bringing econometrics to the masses with their new book, and the editors of the Journal of Economic Perspectives have seen fit to publish a debate around their article assessing the state of econometrics.  A&P claim, and I more or less agree, that microeconometrics has undergone an inspiring “credibility revolution.”

The best summary I’ve found of their article is by Austin Frakt, here.  Arnold Kling comments here.  Andrew Gelman reviewed their textbook positively and constructively here.

Angrist’s website gave ungated links to most of the comments on his paper:

Michael KeaneEdward LeamerAviv Nevo and Michael WhinstonChristopher Sims, and James Stock

Added 6/3:

Austin Frakt reviews the Mostly Harmless Econometrics.

Mostly Harmless Econometrics has a blog!


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