Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
It would be interesting to know exactly how (ie what econometrics software, and how it was tortured) but if the possibilities are many I doubt it would be worth the effort.

According to the report, he uses Stata. I have neither training nor license for that, so I can't reproduce precisely what he did.

But, given the number of parameters he's fitting, my guess would be that he ran a simple model and then expanded the number of model parameters until he got a result he liked, and never bothered to check for misspecification.

At least that's how I would do it if I wanted to do cargo cult science for a belief tank: It produces a superficially plausible result and checking the methodology requires surgical reconstruction. Which means people who don't know better (I plead guilty) tend to take it at face value.

(As an aside, I did know that the author was a liar - I just stopped investigating when I'd found the easiest to detect lie.)

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Dec 27th, 2012 at 06:36:43 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

A Trip to the Woodshed

by Cat - Nov 3
20 comments

Catalonia?

by Frank Schnittger - Oct 28
17 comments

The Brexit effect

by Frank Schnittger - Oct 25
20 comments

Occasional Series