The Credibility Revolution in Empirical Economics: How Better Research Design is Taking the Con out of Econometrics
---- Acknowledgements -----
We thank Guido Imbens for suggesting this topic and for feedback; Daron Acemoglu, Olivier Blanchard, John Donohue, Isaac Ehrlich, Glenn Ellison, Jeff Grogger, Radha Iyengar, Larry Katz, Alan Krueger, Ethan Ilzetzki, Guido Lorenzoni, Albert Marcet, Aviv Nevo, Alan Manning, Bruce Meyer, Parag Pathak, Gary Solon, and Justin Wolfers for helpful comments and discussions; and the JEP editors, David Autor, James Hines, Charles Jones, and Timothy Taylor for comments on earlier drafts. Remaining errors and omissions are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.