The project involves both quantitative econometric analysis and more qualitative historical and institutional studies.
In economics, "empirical" generally refers to statistical or econometric analysis of numeric data.
The authors say their study is first rigorous econometric analysis on the topic, and it that the received wisdom may require some revision.
His dissertation was an econometric analysis of the European Common Market.
However, economic models and econometric analysis have found weak support for the "supply side" theory.
The model has been proven to be empirically strong through econometric analysis.
"An econometric analysis of dividends and share repurchases by US firms".
The economist will point to econometric analysis.
The debate now is no different, with both sides citing an array of expert opinion and sophisticated econometric analysis to support their arguments.
Careful econometric analysis shows that the 1981 income-tax cuts resulted in almost pure revenue loss.