dvse + foundations 4
On the mathematical foundations of theoretical statistics
8 weeks ago by dvse
R.A Fisher's classical paper outlining the maximum likelihood principle and the notions of sufficiency, efficiency and consistency.
statistics
foundations
estimation
8 weeks ago by dvse
The Credibility Revolution in Empirical Economics: How Better Research Design Is Taking the Con out of Econometrics
8 weeks ago by dvse
"Since Edward Leamer's memorable 1983 paper, "Let's Take the Con out of Econometrics," empirical microeconomics has experienced a credibility revolution. While Leamer's suggested remedy, sensitivity analysis, has played a role in this, we argue that the primary engine driving improvement has been a focus on the quality of empirical research designs. The advantages of a good research design are perhaps most easily apparent in research using random assignment. We begin with an overview of Leamer's 1983 critique and his proposed remedies. We then turn to the key factors we see contributing to improved empirical work, including the availability of more and better data, along with advances in theoretical econometric understanding, but especially the fact that research design has moved front and center in much of empirical micro. We offer a brief digression into macroeconomics and industrial organization, where progress -- by our lights -- is less dramatic, although there is work in both fields that we find encouraging. Finally, we discuss the view that the design pendulum has swung too far. Critics of design-driven studies argue that in pursuit of clean and credible research designs, researchers seek good answers instead of good questions. We briefly respond to this concern, which worries us little."
IV / natural experiment proponents revisiting Leamer's critique.
econometrics
foundations
estimation
IV / natural experiment proponents revisiting Leamer's critique.
8 weeks ago by dvse
Let's take the Con out of Econometrics (Leamer)
february 2012 by dvse
What to do when "experiments" can not be controlled (not much, but indoctrination helps) - predates current IV methodology?
econometrics
foundations
statistics
february 2012 by dvse
Huber: On the Non-Optimality of Optimal Procedures
february 2012 by dvse
"This paper discusses some subtle, and largely overlooked, differences between conceptual and mathematical optimization goals in statistics, and illustrates them by examples."
statistics
robust_statistics
optimization
foundations
via:mraginsky
february 2012 by dvse
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