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restat-theory-model

separate

Use when deciding how much theory or structure a The Review of Economics and Statistics (REStat) manuscript should carry — right-sizing a model so it interprets or disciplines the empirical estimate without becoming the contribution. Calibrates the theory's role; it does not develop new theory for its own sake.

When to use

• deciding how much theory a REStat manuscript should carry
• right-sizing a model to interpret an empirical estimate
• determining if a reduced-form result needs economic interpretation
• evaluating if a model section overshadows the empirical contribution
• deciding whether to estimate a structural model or stay reduced-form
• addressing referee questions about mechanisms or models behind regressions

When not to use

• developing new theory for its own sake
• publishing the model itself as the primary contribution

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