Does economics add up? An introduction to meta-regression analysis

Artikel

Meta-analysis is the statistical analysis of an entire empirical literature. It seeks to summarize, evaluate and analyse what we know about a given empirical question, phenomenon, or effect. Meta-regression analysis (MRA) is meta-econometrics, uses the very tools that produce economics research, and provides a rigorous, objective alternative to conventional narrative reviews in economics. MRA often reveals surprising truths about economics. To illustrate these methods, I discuss meta-analyses of the employment effect of the minimum wage, efficiency wages, the natural rate hypothesis and unemployment hysteresis, the last two of which provide a rigorous, empirical falsification of the natural rate hypothesis.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: European Journal of Economics and Economic Policies: Intervention (EJEEP) ; ISSN: 2052-7772 ; Volume: 10 ; Year: 2013 ; Issue: 2 ; Pages: 207-220

Classification and Topics

• Classification: Wirtschaft ; Macroeconomics and Monetary Economics: General
• Subject: meta-regression analysis ; empirical economics ; minimum wage ; efficiency wage ; natural rate hypothesis

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Stanley, Tom D.
• Event: Veröffentlichung
• (who): Edward Elgar Publishing
• (where): Cheltenham
• (when): 2013

Further information

• DOI: doi:10.4337/ejeep.2013.02.05
• Handle: http://hdl.handle.net/10419/277269
• Last update: 10.03.2025, 11:44 AM CET