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Journal of Casual EmpiricismDESCRIPTION
Where standard errors are high and no rigor is de rigeur! Repeat after us Careful econometric analysis is no substitute for casual empiricism!CONTENT
This web page casualempiricism.blogspot.com states the following, "Where standard errors are high and no rigor is de rigeur! Repeat after us Careful econometric analysis is no substitute for casual empiricism! Friday, May 25, 2007." We saw that the webpage said " The above picture plots real investment in private fixed assets in the oil and gas extraction industry and the average real price per barrel of oil in the U." It also said " The spike in oil prices in the late seventies is accompanied by a large spike in investment in the oil and gas industry. Thursday, May 24, 2007."