The DOI matches its Crossref record; 41 of the 41 references it cites were found in a registry or an index.
Methods Matter: p-Hacking and Publication Bias in Causal Analysis in Economics
Abstract
The credibility revolution in economics has promoted causal identification using randomized control trials (RCT), difference-in-differences (DID), instrumental variables (IV) and regression discontinuity design (RDD). Applying multiple approaches to over 21,000 hypothesis tests published in 25 leading economics journals, we find that the extent of p-hacking and publication bias varies greatly by method. IV (and to a lesser extent DID) are particularly problematic. We find no evidence that (i) papers published in the Top 5 journals are different to others; (ii) the journal “revise and resubmit” process mitigates the problem; (iii) things are improving through time. (JEL A14, C12, C52)
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Kaiser, T., Lusardi, A., Menkhoff, L., & Urban, C. (2022) · Journal of Financial Economics · doi:10.1016/j.jfineco.2021.09.022 · Cited by 508
Beland, L., Brodeur, A., & Wright, T. J. (2020) · PLoS ONE · doi:10.1371/journal.pone.0270341 · Cited by 321
Self-citationCan Policies Stall the Fertility Fall? A Systematic Review of the (Quasi‐) Experimental Literature
Bergsvik, J., Fauske, A., & Hart, R. K. (2021) · Population and Development Review · doi:10.1111/padr.12431 · Cited by 259
Armstrong, C., Kepler, J. D., Samuels, D., & Taylor, D. J. (2022) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2022.101521 · Cited by 243
Metadata
- Authors
- Brodeur, A., Cook, N., & Heyes, A.
- Affiliations
- University of Ottawa (CA)
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2020-11-01
- Volume
- 110
- Issue
- 11
- Pages
- 3634-3660
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W3047016911
- Cited by
- 333
- References
- 41
- Citations by year
- 2026: 44 · 2025: 50 · 2024: 91 · 2023: 49 · 2022: 47 · 2021: 41 · 2020: 7
- FWCI
- 25.39
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- American Economic Review (publishedVersion)
- Open Research Exeter (University of Exeter) (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Figshare (submittedVersion)
- University of Birmingham Research Portal (University of Birmingham) (submittedVersion)
- Topics
- Physical Sciences › Mathematics › Statistics and Probability › Advanced Causal Inference Techniques
- Social Sciences › Decision Sciences › Statistics, Probability and Uncertainty › Meta-analysis and systematic reviews
- Social Sciences › Library and Information Sciences › scientometrics and bibliometrics research
- Keywords
- p-hacking, publication bias, credibility revolution, causal inference, instrumental variables, difference-in-differences, regression discontinuity design, randomized controlled trials, hypothesis testing, economics journals
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