Wednesday, December 22, 2004

A Journal Article the Children Should Find Fascinating

by Tom Bozzo

M. Christopher Auld and Paul Grootendorst, "An empirical analysis of milk addiction."

Journal of Health Economics, Volume 23, Issue 6 (November 2004), pages 1083-1316.

Abstract.

They may well appear to certain empirical analysis methods to be "rationally addicted" to milk.


Econometric methodology note: The actual point of the paper, that some behavioral hypotheses can't be identified from macro data except under highly restrictive assumptions, is uncontroversial.

Office methodology note: I get the cover page of the Journal of Health Economics routed to me and try to decide from that what I want to read from any given issue. While some combination of bookmarking the web sites of frequently read journals and walking up to the shelf where the actual issue is stored solves the clever title problem, it's nevertheless true that a jargon-laden title like "Monte Carlo analysis of the identification of the 'rational addiction' hypothesis from aggregate time series data" would be more professionally useful if less bloggable.
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