Tuesday, April 30, 2019

The Politics of Research Essay Example | Topics and Well Written Essays - 1000 words

The governing of Research - Essay ExampleSheila Dow has gathered several economists to review Card and Kruegers important work fiction and Measurement The New Economics of the Minimum Wage, and what is more important than what any of these individual reviewers has to say is the incorporated impression left by the reviewers the politics of research play a far larger affair than do the numbers themselves. Finis Welch is left pressing for an entirely new set of standards to govern the passage of economic research and interpretation (Dow 2002).Several of the reviewers in this article refer to the design of what Card and Krueger call their natural experiments designed to see how an sum upd minimum wage would affect employment. One of the primary arguments against an make up in minimum wage has been that employers would be forced to reduce their workforce numbers to accommodate the high wage - or to raise harms to such a degree as to render the increased wage negligible. Card and Krueger find as their conclusion that this argument is not true - they conclude that the effect on employment of a higher minimum wage is almost n unityxistent. Charles Br take in (who, coincidentally, believes that a 10% increase in the minimum wage would decrease employment by 1%) criticizes Card and Kruegers methods, saying that their clip window for measuring effects of an increased minimum wage is too short, and does not consider opposite factors, such as sunk and capital costs (Dow 2002).By contrast, Richard Freeman, who views the minimum wage as one palliative for this era with rising inequality, agrees with the use of a short time window, because empirical analysis of quantitative responses to price incentives is most convincing over periods during which the structure of the economy, technology, and so on can safely be viewed as fixed(Dow 2002). And so even ones opinion of statistical methodology, it seems, is related to ones prevailing opinion more or less the yield at hand.If one wants to write a paper that has a certain result, the temptation will currently arise to allow the statistical analysis to provide only a particular answer. Paul Osterman makes observation of an analysis that Card and Krueger conducted using past research. According to their study, not only have past economists firm not to publish papers about the minimum wage that would contradict the prevailing argument about the danger to employment numbers, but even within papers that were published, they have simply ignored findings that were inconsistent with the efflorescence the authors wanted to make (Dow 2002).Of course, this manipulation and misuse of data is exactly what Finis Welch accuses Card and Krueger of doing in their own book after dissecting Card and Kruegers studies and finding them too statistically insignificant to support a hypothesis, he asks, Are these the kind of data that you would recommend as the basis for national policy(Dow 2002).In improver to flaw s in the design and implementation of particular research methods, this selection of reviews also provides insight to the inherent biases that the reviewers themselves work on to