on econometrics

[Michael Perelman]

Can an econometric exercise ever produce anything more than a hint of an
interesting idea?  I suspect that a skillful econometrician can find a
relationship
between any two arbitrary data sets.

As econometric techniques become more sophisticated, become more
brittle.

How is a sophisticated econometric model more convincing than a simple
scatter diagram?

--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901