Horrace, William C. - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 52 (2006) 4, pp. 357-374
In a presentation to the American Economics Association, McCloskey (1998) argued that "statistical significance is bankrupt" and that economists' time would be "better spent on finding out How Big Is Big". This abbreviated survey is devoted to methods of determining "How Big Is Big". It is...