Thursday, August 25, 2011

Reproducible Econometric Research

I doubt if anyone would deny the importance of being able to reproduce one's econometric results. More importantly, other researchers should be able to reproduce our results to verify (a) that we've done what we said we did; (b) to investigate the sensitivity of our results to the various choices we made (e.g., functional form of our model, choice of sample period, etc.); and (c) to satisfy themselves that they understand our analysis.

However, if you've ever tried to literally reproduce someone else's econometric results, you'll know that it's not always that easy to so - even if they supply you with their data-set. You really need to have their code (R, EViews, STATA, Gauss) as well. That's why I include both Data and Code pages with this blog.