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Bleg: Examples of Bad Econometrics to Teach

Summary:
I’ve been tapped to teach the second course in the statistics/econometrics sequence at the La Follette School. I need examples of excruciatingly bad econometrics to discuss. Please post your suggestions as comments. In 2016, I assigned students to examine the empirical content of “business conditions” indices, like Stephen Moore’s/ALEC Economic Outlook rankings. Some dissections here: The Phoenix Center “estimates” fiscal multipliers. The Phoenix Center links the regulatory burden and slow growth. The abominable minimum wage Less energy regulation causes faster growth?

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I’ve been tapped to teach the second course in the statistics/econometrics sequence at the La Follette School. I need examples of excruciatingly bad econometrics to discuss. Please post your suggestions as comments. In 2016, I assigned students to examine the empirical content of “business conditions” indices, like Stephen Moore’s/ALEC Economic Outlook rankings.

Some dissections here:

The Phoenix Center “estimates” fiscal multipliers.

The Phoenix Center links the regulatory burden and slow growth.

The abominable minimum wage

Less energy regulation causes faster growth?

Menzie Chinn
He is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

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