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Journal of Economic Perspectives: Vol. 15 No. 3 (Summer 2001)
JEP Volume. 15, Issue 3 | 
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Wheat from Chaff: Meta-analysis as Quantitative Literature Review
Article Citation
Stanley, T D. 2001. "Wheat from Chaff: Meta-analysis as Quantitative Literature Review."
Journal of Economic Perspectives,
15(3): 131-150.
DOI: 10.1257/jep.15.3.131
DOI: 10.1257/jep.15.3.131
Abstract
This paper presents and develops a quantitative method of literature reviewing and evaluating empirical research, meta-regression analysis or MRA. Economics is theory-driven. Yet, we must learn empirically if economics is to advance. MRA offers a more objective statistical method to summarize our empirical knowledge and to explain the wide study-to-study variation in economic research. MRA is used to assess the evidence for Ricardian equivalence, and its findings are contrasted to those of conventional narrative review. Furthermore, MRA establishes a platform from which to distinguish genuine empirical effect from the exploitable specification error that infests applied econometrics.
Article Full-Text Access
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Authors
Stanley, T. D. (Hendrix College)
JEL Classifications
A14: Sociology of Economics
B41: Economic Methodology
B41: Economic Methodology
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