Tracking the Credibility Revolution across Fields

التفاصيل البيبلوغرافية
العنوان: Tracking the Credibility Revolution across Fields
المؤلفون: Goldsmith-Pinkham, Paul
سنة النشر: 2024
المجموعة: Quantitative Finance
مصطلحات موضوعية: Economics - General Economics
الوصف: This paper updates Currie, Kleven, and Zwiers (2020) by examining the credibility revolution across fields, including finance and macroeconomics, using NBER working papers up to May 2024. While the growth in terms related to identification and research designs have continued, finance and macroeconomics have lagged behind applied micro. Difference-in-differences and regression discontinuity designs have risen since 2002, but the growth in difference-in-difference has been larger, more persistent, and more ubiquitous. In contrast, instrumental variables have stayed flat over this period. Finance and macro, particularly corporate finance, has experienced significant growth in mentions of experimental and quasi-experimental methods and identification over this time period, but a large component of the credibility revolution in finance is due to difference-in-differences. Bartik and shift-share instruments have grown across all fields, with the most pronounced growth in international trade and investment, economic history, and labor studies. Synthetic control has not seen continued growth, and has fallen since 2020.
Comment: Update with minor tweaks + full cite of Currie kleven and Zwiers (instead of et al.)
نوع الوثيقة: Working Paper
URL الوصول: http://arxiv.org/abs/2405.20604
رقم الأكسشن: edsarx.2405.20604
قاعدة البيانات: arXiv