wow this warranted an unfollow. He's really knowledgeable and often funny but this, well this sucks.pic.twitter.com/F0ox5L1f0O
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they're trying really hard with a reasonable toolkit but it's not enough and their estimates are whack as hell with the enormous variable set they're using they should be using ML methods, they are not I wouldn't believe that either reduced form econometrics is hopeless
fair enough. I’m cynical and suspicious of studies that have sociopolitical implications that favor the authors priors, and as much so of dismissals that also favor the critic’s priors.
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