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Edward Leamer

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Latest 22 Jan 2022 | Updated Daily

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Ep 134. Edward Leamer: Is Econometrics a con?

The Accad and Koka Report

Dr. Leamer is a Professor of Economics and Statistics at UCLA who comes on the show to discuss the recent arrival of econometric analyses in medicine. He is a longstanding skeptic of the robustness of conclusions derived from econometrics and has some advice for clinicians puzzling over what to do with these analyses.GUEST:Ed Leamer, PhD, Professor of Economics and StatisticsSHOW NOTES:Let's take the Con out of Econometrics - Ed Leamer warns of the science of econometrics in 1983: https://www.international.ucla.edu/media/files/Leamer_article.pdfThe Credibility Revolution in Empirical Economics: How Better Research Design is Taking the Con out of Econometrics - Angrist and Pischke argue in 2010 that new econometric tools : pseudorandomization, instrumental variables, and natural experiments mark a credibility revolution for the field. https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.2.3Tantalus on the Road to Asymptopia- Ed Leamer responds to Angrist/Pischke : https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.2.31WATCH ON YOUTUBE:Watch the episode on our YouTube channelSUPPORT THE SHOWMake a small donation on our Patreon page on and join our discussion group or receive a free book.

37mins

23 Jul 2020

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Edward Leamer: Is Econometrics a Con?

Interviews

Dr. Leamer is a Professor of Economics and Statistics at UCLA who comes on the show to discuss the recent arrival of econometric analyses in medicine. He is a longstanding skeptic of the robustness of conclusions derived from econometrics and has some advice for clinicians puzzling over what to do with these analyses.SHOW NOTESEd Leamer warns of the science of econometrics in 1983The Credibility Revolution in Empirical Economics: How Better Research Design is Taking the Con out of Econometrics – Angrist and Pischke argue in 2010 that new econometric tools : pseudorandomization, instrumental variables, and natural experiments mark a credibility revolution for the fieldTantalus on the Road to Asymptopia- Ed Leamer responds to Angrist/PischkeWatch this episode on YouTube

23 Jul 2020

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