Earlier today I spent some time shitting on this paper without a broader discussion of why I was doing so I shall hold forth on this matter now as I think it is revealing of the absolute state of empirical social science and microeconometrics in particularhttps://twitter.com/RRHDr/status/1295488617125687297 …
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I am not going to sink into a detailed methodological critique because 1) while I hate their antique methods this is unnecessary to make my point, and 2) I am writing for a general audience and want to demonstrate that any idiot can reject papers that uses such methods badly
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heres some text from the methods section along with some of the figures from the paper depending on your background you may find your eyes glazing over before opening it or you may be shouting imprecations at your phone good news if your former! it doesnt fucking matterpic.twitter.com/Kowy5rCDSn
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Replying to @eigenrobot
holy shit they don’t use logit because of heteroskedascity (minor problem imo) but use a LPM where the probabilities they are trying to measure are close to 0 or 1 this totally doesn’t make nonsensical results or anything
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Not even because heteroscedasticity but because its harder to interpret
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