The visible hand in economics

Econometricians will rule the world eventually

Posted on: August 21, 2007

It sometimes seems that more interesting economic research is done by econometricians than theoreticians, these days. The way to make your name now is to have a knack for finding inventive experimental designs. Here is an interesting paper about the effect of cellphone use on car-crash rates. It uses the discontinuity in cellphone usage rates across peak/off-peak times to evaluate the effect that cellphone usage has on crash rates. In contrast to the prevailing literature, and quite counter-intuitively, they find no significant effect. Another reason for governments to be hesitant about hasty regulation?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Add to Google
%d bloggers like this: