Medical epistemology meets economics: how (not) to GRADE universal basic income research
Adrian K. Yee and
Kenji Hayakawa
Journal of Economic Methodology, 2023, vol. 30, issue 3, 245-264
Abstract:
There have recently been novel applications of medical systematic review guidelines to economic policy interventions which contain controversial methodological assumptions that require further scrutiny. A landmark 2017 Cochrane review of unconditional cash transfer (UCT) studies, based on the Grading of Recommendations Assessment, Development and Evaluation (GRADE), exemplifies both the possibilities and limitations of applying medical systematic review guidelines to UCT and universal basic income (UBI) studies. Recognizing the need to upgrade GRADE to incorporate the differences between medical and policy interventions, the GRADE Public Health Project Group (PHPG) was convened to enumerate and address these methodological challenges. However, in light of our analysis of additional methodological challenges that arise for UCT and UBI studies, we argue that the adaptation of medical systematic review guidelines to economic methodology is far from straightforward and is in fact more challenging than claimed by the PHPG.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jecmet:v:30:y:2023:i:3:p:245-264
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DOI: 10.1080/1350178X.2023.2231480
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