Research Methods for Corporate, Securities, and Financial Law

The Credibility Revolution in Empirical Economics: How Better Research Design Is Taking the Con out of Econometrics

Joshua D. Angrist and Jörn-Steffen Pischke

Year
2010
Venue
Journal of Economic Perspectives
Level
Intermediate
Journal of Economic Perspectives cover
Archive-designed coverJournal of Economic Perspectives

Summary

Describes the shift in applied economics toward research designs that make causal claims more transparent and credible. The article discusses randomized trials, instrumental variables, regression discontinuity, differences-in-differences, and the importance of design-based inference for policy-relevant empirical work.

Citation

Joshua D. Angrist and Jörn-Steffen Pischke. "The Credibility Revolution in Empirical Economics: How Better Research Design Is Taking the Con out of Econometrics." Journal of Economic Perspectives, 2010.

DOI: 10.1257/jep.24.2.3

BibTeX

@article{Angrist2010The,
  title = {The Credibility Revolution in Empirical Economics: How Better Research Design Is Taking the Con out of Econometrics},
  author = {Joshua D. Angrist and Jörn-Steffen Pischke},
  year = {2010},
  journal = {Journal of Economic Perspectives},
  doi = {10.1257/jep.24.2.3},
  url = {https://www.aeaweb.org/articles?id=10.1257/jep.24.2.3}
}
Original source: American Economic Association

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