Wheat from Chaff: Meta-analysis as Quantitative Literature Review
AbstractThis 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.
CitationStanley, 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
- A14 Sociology of Economics
- B41 Economic Methodology