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NYU Stern business school economists on the crisis, pinning down the real causes much to the same factors as Caballero did (1st bullet point). The book they advertise will certainly be widely read.
Category: econometrics
Econlinks
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McCloskey and Ziliak vs. Hoover and Siegler, from the (very welcome, long overdue…) statistician’s perspective. Gelman has extremely interesting points and I agree with most of them, except that I think (and he partially admits…) he does not know much (euphemism…) about the rational addiction & co literature, so let us leave that point out, shall we (in any case it is not related to the matter at hand)…
The new RAE UK is out
…and for Economics and Econometrics, the quality profiles can be consulted here.
By strictly ranking percentages of research in the highest and respectively second highest research categories, the first 10 Econ Departments in UK RAE 2008 (not very unexpected) are the following:
- LSE
- UCL
- Essex, Oxford, Warwick
- Bristol, Nottingham, Queen Mary
- Cambridge
- Manchester
The next thing is to inquire whether the saints are listening…
The empirical conclusion from this analysis is important. A little prayer does no good and may make things worse. Much prayer helps a lot.
If Jim Heckman says that, it’s gotta be true. → Read more
Econlinks today
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Esther Duflo on a topic that deserves much more attention among policy makers: the need to insure the very poor against food price variability
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Here’s the most ridiculous thing I’ve heard so far, within the academic publishing business: deliberately slowing things down by sitting a whole month on each submission before doing anything with it.