Excerpt from the blog post on tips for refereeing by Chris Blattman:
For some time I’ve been meaning to write up my own thoughts on how to referee an empirical paper, inspired in large part by a photocopy Betty Sadoulet and Alainn de Janvry handed out in a development economics seminar. While not exactly the same thing, you can see my main suggestions in the last two pages of my causal inference and research design syllabus.
To view Blattman's main suggestions on refereeing, follow the link for the syllabus and scroll to the last two pages.
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http://chrisblattman.com/files/2009/07/PLSC508-Syllabus-Spring2010.pdf