The econometric illusion

Created
Sun, 08/01/2023 - 03:51
Updated
Sun, 08/01/2023 - 03:51
What has always bothered me about the “experimentalist” school is the false sense of certainty it conveys. The basic idea is that if we have a “really good instrument” we can come up with “convincing” estimates of “causal effects” that are not “too sensitive to assumptions.” Elsewhere I have written  an extensive critique of this […]