To Kill a Black Swan: The Credibility Revolution at CEDE, 2000–2018

Juan Pablo Castilla

A chapter in Research in the History of Economic Thought and Methodology: Including a Symposium on the Work of William J. Baumol: Heterodox Inspirations and Neoclassical Models, 2022, vol. 40B, pp 153-192 from Emerald Group Publishing Limited

Abstract: The growing displacement of theory and other forms of wide-ranging knowledge of social phenomena by empirical research methods in economics is widely noted by economists and historians of economic knowledge. Less attention has been devoted, however, to understand the materialization of such changes in the scientific practices. This article studies the recent transformations in the epistemological practices at CEDE, a research center in Colombia. I use a machine learning technique called Topic Modeling, interviews to CEDE researchers, and exegesis of papers to characterize a shift in the production of knowledge in microeconometrics at CEDE during the years 2000 and 2018. I explain this shift by characterizing two sets of epistemological practices that implies a recent tendency to disdain research that cannot make a “strong” causal inference.

Keywords: Quasi-experimental methods; CEDE; microeconometrics; epistemological practices; B21; B23; B30; B41; C1; C61; Z13 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eme:rhetzz:s0743-41542022000040b012

DOI: 10.1108/S0743-41542022000040B012

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