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Furthering the Practice of Replication in Economics
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EBERHARDT: Revisiting the Causal Effect of Democracy on Long-run Development
[This Guest Blog is a repost of a blog by Markus Eberhardt, published at Vox – CEPR Policy Portal] Recent evidence suggests that a country switching to democracy achieves about 20% higher per capita GDP over subsequent decades. This column…
Read MoreGOODMAN: When You’re Selecting Significant Findings, You’re Selecting Inflated Estimates
Replication researchers cite inflated effect sizes as a major cause of replication failure. It turns out this is an inevitable consequence of significance testing. The reason is simple. The p-value you get from a study depends on the observed effect…
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