Paul Decaire
@pdecaire.bsky.social
Assistant professor of Finance at Arizona State University.
Link: https://www.paulhdecaire.com/
Link: https://www.paulhdecaire.com/
Reposted by Paul Decaire
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An empirical econ paper needs two things: 738 robustness checks concluding we can’t really ever fully be sure of internal validity in the appendix, and one (1) wild back of the envelope calculation indicating that the result is world-changing in the discussion section
Now I've come across several instances of people writing, essentially:
'Let me provide a very rough estimate. Don't take this number literally, because it has several flaws.'
And then their number becomes cited as the canonical figure on the topic.
'Let me provide a very rough estimate. Don't take this number literally, because it has several flaws.'
And then their number becomes cited as the canonical figure on the topic.
November 26, 2024 at 2:48 PM
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