Why/how should multiple hypothesis testing be done differently in empirical work? We give an economic foundation trading off research costs and incentives with implications for empirical practice.
New paper by @VivianoDavide, Wüthrich, and Niehaus:
Supply-side climate policies in the oil market: Higher taxes reduce exploration and discoveries. If only OECD countries adopt this policy, 47–73% is offset by non-OECD countries.
New paper by @AhlvikLassi, @jorgenja, Hamang, & @tfharding:
"We prove a CLT for strategic network formation with homophilous agents. This enables inference on statistics derived from a single large network. We discuss practical procedures."
