TY - RPRT AU - Brodeur, Abel AU - Cook, Nikolai AU - Heyes, Anthony TI - Methods Matter: P-Hacking and Causal Inference in Economics PY - 2018/Aug/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 11796 UR - https://www.iza.org/publications/dp11796 AB - The economics 'credibility revolution' has promoted the identification of causal relationships using difference-in-differences (DID), instrumental variables (IV), randomized control trials (RCT) and regression discontinuity design (RDD) methods. The extent to which a reader should trust claims about the statistical significance of results proves very sensitive to method. Applying multiple methods to 13,440 hypothesis tests reported in 25 top economics journals in 2015, we show that selective publication and p-hacking is a substantial problem in research employing DID and (in particular) IV. RCT and RDD are much less problematic. Almost 25% of claims of marginally significant results in IV papers are misleading. KW - research methods KW - causal inference KW - p-curves KW - p-hacking KW - publication bias ER -