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BEGIN:VEVENT
DTSTAMP:20260501T042033Z
DTSTART;VALUE=DATE-TIME:20241008T130000
DTEND;VALUE=DATE-TIME:20241008T140000
SUMMARY:CWIP (CAGE Work in Progress) Workshop - Thiemo Fetzer
TZID:Europe/London
UID:20241008-8ac672c591fdee81019204af3956382c@warwick.ac.uk
CREATED:20241003T105713Z
DESCRIPTION:Title: Causal Claims (joint work with Prashant Garg (Imperial
 )). Abstract: Economic research has experienced a profound shift towards
  establishing causal relationships using an ever expanding suite of empi
 rical methods. Despite this "credibility revolution\," there is limited 
 comprehensive analysis of how these methods and causal claims have evolv
 ed across economics subfields. This paper addresses this gap by analyzin
 g over 44\,000 NBER and CEPR working papers using a custom large languag
 e model to extract structured information on authorship\, empirical meth
 ods\, underlying data and associated causal claims. We use this data to 
 document the empiricisation of economics research with a significant gro
 wth in the use of methods like Difference-in-Differences\, Instrumental 
 Variables\, and Randomized Controlled Trials\, alongside an increase in 
 the number of causal claims that are made and evidenced. Yet\, nearly 30
 % of causal claims remain unsupported by rigorous identification strateg
 ies. We also observe rising narrative complexity and increased use of pr
 ivate data\, raising concerns about transparency\, replicability and pro
 perty rights attached to knowledge goods that are produced using private
  data. Our findings highlight the evolving landscape of empirical econom
 ics\, emphasizing the need for continued focus on methodological rigor a
 nd data accessibility. This study contributes to a better understanding 
 of research practices in economics and informs efforts to enhance the cr
 edibility and transparency of the discipline.
LOCATION:S2.79
CATEGORIES:CWIP Workshop
LAST-MODIFIED:20241003T105713Z
ORGANIZER;CN=Gill Gudger:
END:VEVENT
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