Tobias Klein Profile picture
Aug 11 β€’ 7 tweets β€’ 2 min read
#EconTwitter: this is really useful advice by Neale Mahoney for those who want to write an applied economics paper πŸ“

just came out in JEP

pubs.aeaweb.org/doi/pdfplus/10…

In the following mini 🧡 I summarize his 5 βœ… principles
The 5 principles are:
βœ… show your variation with descriptive analysis
βœ… use the descriptive evidence to provide preliminary evidence
βœ… use the descriptive analysis to guide choices of what you model (and not model)
βœ… clearly articulate the value added of the model and …
βœ… choose parameters of interest and counterfactuals that are informed by your variation
I can’t emphasize enough how useful I find this. I will definitely recommend this to all of my future graduate students.
I’m pretty sure that following these principles makes it much more likely that one has a good experience in the publication process.
What’s nice about the paper is that he explains what he means by this by means of three running examples:
- donut hole in Medicare Part D
- high school choice in New Haven
- pass-through of low interest rates for banks into increased borrowing by consumers
Definitely a good 12 pages to read!

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More from @kleintob

Jul 22
#EconTwitter:
I wish I had seen this one-pager πŸ“„ on how to write excellent papers while I was doing my Ph.D.: scholar.harvard.edu/files/shapiro/…
Jesse Shapiro suggests doing this in 4 steps.
Here is a summary. 🧡
Step 1:
dream up a somewhat realistic introduction with a description of results and so on
if it does not excite you, abandon the project (very! important advice)
Step 2:
do the research
start with whatever is least clear to you
use the introduction as your compass
Read 7 tweets

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