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2018 | OriginalPaper | Buchkapitel

5. Data

verfasst von : Darren Grant

Erschienen in: Methods of Economic Research

Verlag: Springer International Publishing

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Abstract

This chapter portrays the economic analysis of data as a sophisticated way of “seeing like a state,” a perspective which highlights the inherent limitations of most economic data. It articulates the data qualities the researcher should be familiar with, and the econometric consequences of failing to understand these qualities. These ideas come to life in applications to patents, informal markets in Peru, school accountability ratings, drug dealing, medical coding, and the employment effects of the minimum wage.

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Fußnoten
1
This issue is especially important in experimental economics, for example, whether the findings of an experiment using college students as subjects apply to other populations.
 
2
This appears to be an issue in recent studies of Seattle’s increase in the minimum wage.
 
3
ICD: International Classification of Diseases, now in its 10th iteration. DRG: Diagnosis-Related Group. CPT: Current Procedural Terminology. Those are the codes sprinkled all over your bill after an office visit with the doctor. Present here, too, is such codes’ ability to legitimize behavior, as with the 1980 addition of Post-Traumatic Stress Disorder to the Diagnostic and Statistical Manual of Mental Disorders, or the 1974 removal of homosexuality from that manual.
 
4
Potential experience is defined as the worker’s age minus the age at which they “should have graduated,” given the degree that they hold. This doesn’t account for delays in graduation, working while attending school, periods of unemployment or part-time employment, or the rate at which skills are acquired on the job.
 
5
Not exactly, if you want to be technical, but close enough.
 
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Metadaten
Titel
Data
verfasst von
Darren Grant
Copyright-Jahr
2018
DOI
https://doi.org/10.1007/978-3-030-01734-7_5