Oomph v. Statistical Significance

For those after the full debate, see:

  1. McCloskey and Ziliak, "The Standard Error of Regressions," Journal of Economic Literature 1996.
  2. Ziliak and McCloskey, "Size Matters: The Standard Error of Regressions in the American Economic Review," Journal of Socio-Economics 2004.
  3. Hoover and Siegler, "Sound and Fury: McCloskey and Significance Testing in Economics," Journal of Economic Methodology, 2008.
  4. McCloskey and Ziliak, "Signifying Nothing: Reply to Hoover and Siegler."

McCloskey has been making this point for some time, and a longer list of papers is available here, including several shorter (yet unsurprisingly persuasive) pieces.

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