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Navigating Challenges in Macroeconomic Experiments: Insights from Shyam Sunder

This paper by Shyam Sunder, presented at the 3rd LeeX International Conference on Theoretical and Experimental Macroeconomics at Universitat Pompeu Fabra, addresses seven critical challenges in conducting macroeconomic experiments. It highlights the importance of framing research questions within the economic discipline, fostering dialogues with complementary methodologies, identifying research question sources, accounting for time and institutions, determining essential simplicity, and ensuring robustness in experimental design. These insights contribute significantly to advancing the field of macroeconomic research.

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Navigating Challenges in Macroeconomic Experiments: Insights from Shyam Sunder

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  1. Challenges for Macroeconomic Experiments Shyam Sunder, Yale University 3rd LeeX International Conference on Theoretical and Experimental Macroeconomics Universitat Pompeu Fabra, Barcelona, June 18-19, 2012

  2. Seven Challenges • Addressing core concerns of economic discipline (in addition to methodology): What is the question? • Constructive mutual interchange with sister methodologies of the discipline: Why experiment? • Sources of research questions • Time • Institutions • Simplicity: What is essential? And Not? • Robustness check Design of Experiments

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