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Joshua Angrist on Econometrics and Causation

EconTalk

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The Importance of Sensitivity Analysis in Empirical Practice

Lemur had a huge impact on me and I think on empirical work all to the good that he is complaining about the kind of arbitrariness of what I report. He was proposing a fairly conventional, I thought, Bayesian approach where you would state your priors and you would then show how that maps. But he also had the idea that we should show many variations. A core concept in my work with, in my writing with Steve and the research methods that I think are most effective is the notion of design.

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