posted on 2021-12-02, 23:04authored byJulian Reif, David Molitor
<p>The
advent of cheap digital storage and powerful computer processing has driven an
explosion of data collection and empirical research on topics ranging from
public health initiatives to stock returns to climate policy. Think tanks such
as the Brookings Institution and government entities such as the Environmental
Protection Agency encourage and employ data-driven “evidence-based
policymaking” to make decisions and recommendations. Empirical research
advances our understanding of how the economy works and can improve individual,
business, and policy decisions, but only insofar as the research conclusions
are accurate and credible. In this Policy Spotlight, the authors review the
evidence on the reproducibility of published social science research and
discuss how to improve the reproducibility of future studies. They also use one
of their own published studies to demonstrate how researchers can facilitate
reproducibility.</p><p><br></p>
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