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How to Read Economics Research Papers: Randomized Controlled Trials (RCTs)

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    - [Narrator] On his quest
    to master econometrics,
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    Grasshopper Kamal has
    made great progress
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    stretching his capabilities
    and outsmarting his foes.
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    Alas, today he's despondent.
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    For one challenge remains unmet.
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    Kamal cannot yet decode
    the scriptures of academic research,
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    journals like
    "The American Economic Review"
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    and "Econometrica."
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    These seemed to him to be inscribed
    in an obscure foreign tongue.
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    - [Kamal] Ugh, what the... ?
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    - [Narrator] These volumes are
    opaque to novice, Kamal,
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    but can be deciphered with study.
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    Let us learn to read them together.
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    Let's dive into the West Point study,
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    published in the "Economics
    of Education Review."
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    This paper reports
    on a randomized evaluation
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    of student electronics use
    in Economics 101 classrooms.
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    First, a quick review
    of the research design.
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    - Okay.
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    - [Josh] 'Metrics masters
    teaching at West Point,
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    the military college that trains
    American Army officers
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    designed a randomized trial
    to answer this question.
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    These masters randomly assigned
    West Point cadets
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    into Economics classes
    operating under different rules.
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    Unlike most American colleges,
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    the West Point default
    is no electronics.
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    For purposes of this experiment,
    some students were left
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    in such traditional
    technology-free classes,
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    no lap tops, no tablets
    and no phones!
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    [voice echoes]
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    This is the control group,
    or baseline case.
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    Another group was allowed
    to use electronics.
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    This is the treatment group,
    subject to a changed environment.
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    The treatment in this case
    is the unrestricted use
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    of laptops or tablets in class.
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    Every causal question
    has a clear outcome,
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    the variables we hope to influence
    defined in advance of the study.
Title:
How to Read Economics Research Papers: Randomized Controlled Trials (RCTs)
Description:

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Video Language:
English
Team:
Marginal Revolution University
Project:
Mastering Econometrics
Duration:
12:40

English subtitles

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