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Replication in Empirical Economics: The Journal of Money, Credit and Banking Project

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Author Info
Dewald, William G
Thursby, Jerry G
Anderson, Richard G

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Abstract

This paper examines the role of replication in empirical economic research. It presents the findings of a two-year study that collected programs and data from authors and attempted to replicate their published results. The research provides new and important information about the extent and causes of failures to replicate published results in economics. The findings suggest that inadvertent errors in published empirical articles are a commonplace, rather than a rare, occurence. Copyright 1986 by American Economic Association.

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Publisher Info
Article provided by American Economic Association in its journal American Economic Review.

Volume (Year): 76 (1986)
Issue (Month): 4 (September)
Pages: 587-603
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Handle: RePEc:aea:aecrev:v:76:y:1986:i:4:p:587-603

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  2. Dean Croushore & Tom Stark, 2002. "Is macroeconomic research robust to alternative data sets?," Working Papers 02-3, Federal Reserve Bank of Philadelphia. [Downloadable!]
  3. Gérard Charreaux, 2008. "La recherche en finance d’entreprise:quel positionnement méthodologique?," Working Papers FARGO 1080501, Université de Bourgogne - Latec/Fargo (Research center in Finance,organizational ARchitecture and GOvernance). [Downloadable!]
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  4. Peter Riach & Judith Rich, 2004. "Fishing for Discrimination," Review of Social Economy, Taylor and Francis Journals, vol. 62(4), pages 465-486, December. [Downloadable!] (restricted)
  5. John Duffy, 1998. "Monetary theory in the laboratory," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 9-26. [Downloadable!]
  6. Giovanni Baiocchi, 2007. "Reproducible research in computational economics: guidelines, integrated approaches, and open source software," Computational Economics, Springer, vol. 30(1), pages 19-40, August. [Downloadable!] (restricted)
  7. McCullough, B D, 1999. "Econometric Software Reliability: EViews, LIMDEP, SHAZAM and TSP," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 14(2), pages 191-202, March-Apr. [Downloadable!]
  8. David Colander, 2000. "New Millennium Economics: How Did It Get This Way, and What Way Is It?," Journal of Economic Perspectives, American Economic Association, vol. 14(1), pages 121-132, Winter. [Downloadable!] (restricted)
  9. Thomas C. Leonard, 2002. "Reflection on rules in science: an invisible-hand perspective," Journal of Economic Methodology, Taylor and Francis Journals, vol. 9(2), pages 141-168, June. [Downloadable!] (restricted)
  10. Raymond Hubbard & JS Armstrong, 2005. "Replications and Extensions in Marketing – Rarely Published But Quite Contrary," General Economics and Teaching 0502051, EconWPA. [Downloadable!]
  11. B. D. McCullough & H. D. Vinod, 2003. "Verifying the Solution from a Nonlinear Solver: A Case Study," American Economic Review, American Economic Association, vol. 93(3), pages 873-892, June. [Downloadable!]
  12. Wolfers, Justin, 2003. "Did Unilateral Divorce Laws Raise Divorce Rates? A Reconciliation and New Results," Research Papers 1819, Stanford University, Graduate School of Business. [Downloadable!]
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  13. B. D. McCullough & H. D. Vinod, 2004. "Verifying the Solution from a Nonlinear Solver: A Case Study: Reply," American Economic Review, American Economic Association, vol. 94(1), pages 391-396, March. [Downloadable!]
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  14. William Milberg, 1999. "The Rhetoric of Policy Relevance in International Economics," Macroeconomics 9904009, EconWPA. [Downloadable!]
  15. Goffe, William L & Parks, Robert P, 1997. "The Future Information Infrastructure in Economics," Journal of Economic Perspectives, American Economic Association, vol. 11(3), pages 75-94, Summer. [Downloadable!] (restricted)
  16. Richard G. Anderson, 2006. "Replicability, real-time data, and the science of economic research: FRED, ALFRED, and VDC," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 81-93. [Downloadable!]
  17. Nicola Lacetera & Lorenzo Zirulia, 2008. "The Economics of Scientific Misconduct," CESPRI Working Papers 215, CESPRI, Centre for Research on Innovation and Internationalisation, Universita' Bocconi, Milano, Italy, revised Apr 2008. [Downloadable!]
  18. Dave Colander, 2008. "Economists, Incentives, Judgement and Empirical Work," Middlebury College Working Paper Series 0806, Middlebury College, Department of Economics. [Downloadable!]
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  19. Hashem Dezhbakhsh & Paul Rubin, 2007. "From the “Econometrics of Capital Punishment” to the “Capital Punishment” of Econometrics: On the Use and Abuse of Sensitivity Analysis," Emory Economics 0715, Department of Economics, Emory University (Atlanta). [Downloadable!]
  20. Richard G. Anderson & William G. Dewald, 1994. "Replication and scientific standards in applied economics a decade after the Journal of Money, Credit and Banking project," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 79-83. [Downloadable!]
  21. William L. Goffe & Bob Parks, 1996. "The Future Information Structure in Economics," Microeconomics 9605001, EconWPA, revised 02 Dec 1996. [Downloadable!]
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