Where standard errors are high and no rigor is de rigeur! Repeat after us: Careful econometric analysis is no substitute for casual empiricism!
Wednesday, May 16, 2007
Welcome!
The idea of this blog is to stimulate discussion of economics by using a single figure, table or graph. The rules of the blog are simple: only one exhibit is allowed per entry, preferably (but not necessarily) related to economics. Alternatively, the casual theorist might postulate what the graph should look like. Most importantly, rigorous analysis is not allowed. For example, there should be no discussion of identification or endogeneity. No rigour is de rigeur! Any post that is deemed by our panel of experts to be insufficiently casual will be excised from the blog. The name of the game is half-assed theories.
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