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wber-theory-model

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Use when a development model is needed to interpret an empirical result or to run a policy counterfactual for a The World Bank Economic Review (WBER) manuscript, or when deciding whether a formal model is needed at all. Disciplines the model-to-data link and the counterfactual; it does not run estimation or write prose.

When to use

• Interpret an empirical result
• Run a policy counterfactual
• Decide whether a formal model is needed
• Discipline the model-to-data link
• Discipline the counterfactual
• Extrapolate beyond the estimated policy
• Aggregate to general-equilibrium or welfare statement
• Map referee pushback to model fixes

When not to use

• Run estimation
• Write prose

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