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A few ideas for fixing GDP | FT Alphaville
Corrado and Haskel acknowledge these shortcomings, but implore readers to carry on: “As noted by Read (1898),” they write, “'it is better to be vaguely right than exactly wrong.'”
_blog_  _links_  _classroom_  GDP  measurement  moneyview 
7 weeks ago by JWMason
There Is Power in a Union | The Nation
Unions and Inequality Over the Twentieth Century: New Evidence From Survey Data
_blog_  _links_  _classroom_ 
11 weeks ago by JWMason
[no title]
they make it clear that the murder rate varies greatly and that most of the variation is unlikely to be related to the execution rate, yet neither they nor the papers they discuss pay at- tention to modeling all this variation. They argue that this variation swamps death penalty deterrence effects and suggest that this makes estimating those effects hope- less.
methodology  econometrics  _classroom_  _RM_ 
june 2018 by JWMason

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