This blog is intended as a place where current or recent research is discussed. It is my intention that critical reviews of the econometric aspects of research will be aired here. Too much economic research is based on shoddy econometrics at best, and bizarrely, the comments on that research tend to bypass the econometrics entirely, and focus on the econometric output, or the economic output, of the paper.
Yet the output of any econometric model stands and falls by whether the econometric model fits the data, and is appropriate. Hence almost certainly, these comments are based on a distorted sense of reality, if little is mentioned in the paper about model specification and fit.
Thus it is my intention to be rather dull and boring on here, to ignore sexy findings in papers and instead ask upon what basis were those sexy findings found in the first place.
It should be emphasised I am a practicing econometrician myself, and it is scepticism with the use of econometrics, not econometrics itself, which will draw my critical comments in this blog.
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