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Are You Uneasy About Replication?
Briadnosic says he is uncomfortable with ease with which many economists doubt the credibility of statistical analysis for policy purposes. He argues that unlike psychology, a experiment where you can theory, can replicate it, most analyses are just attempts to control for factors via aconometric technique. Briadnosic: The problem with replications and economics is if you replicate something and it works, no one's interested in it.