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On the reception of Haavelmo's econometric thought
Hoover, Kevin D. - 2012
Trygve Haavelmo's The Probability Approach in Econometrics (1944) has been widely regarded as the foundation document … of modern econometrics. Nevertheless, its significance has been interpreted in widely different ways. Some modern … techniques and a close reading of econometrics articles and textbooks to trace the way in which the economics profession received …
Persistent link: https://www.econbiz.de/10011708115
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Estimating rationality in economics : a history of statistical methods in experimental economics
Vallois, Nicolas; Jullien, Dorian - 2018
Experimental economists increasingly apply econometric techniques to interpret their data, as suggests the emergence of "experimetrics" in the 2000s. Yet statistics remains a minor topic in historical and methodological writings on experimental economics (EE). This article aims to address this...
Persistent link: https://www.econbiz.de/10011810043
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Becoming applied : the transformation of economics after 1970
Backhouse, Roger; Cherrier, Béatrice - 2015 - Version 1.12
This paper conjectures that economics has changed profoundly since the 1970s and that these changes involve a new understanding of the relationship between theoretical and applied work. Drawing on an analysis of John Bates Clark medal winners, it is suggested that the discipline became more...
Persistent link: https://www.econbiz.de/10011617408
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Karl Brunner's philosophy of science : macroeconomics through the lens of logical empiricism
Hoover, Kevin D. - 2018
econometrics, microfoundations, and the New Classical macroeconomics. …
Persistent link: https://www.econbiz.de/10011903527
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"The empirical economist's toolkit : from models to methods"
Panhans, Matthew T.; Singleton, John D. - 2015
wide application of these methods as a "credibility revolution" in econometrics that has finally provided persuasive … crisis in econometrics. …
Persistent link: https://www.econbiz.de/10011602961
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The role of hypothesis testing in the molding of econometric models
Hoover, Kevin D. - 2012 - Revised, 18 January 2012
The paper is a keynote lecture from the Tilburg-Madrid Conference on Hypothesis Tests: Foundations and Applications at the Universidad Nacional de Educación a Distancia (UNED) Madrid, Spain, 15-16 December 2011. It addresses the role of tests of statistical hypotheses (specification tests) in...
Persistent link: https://www.econbiz.de/10011708192
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Why and how to teach the history of economic thought : economics as historically produced knowledge
Cohen, Avi Jonathan; Emmett, Ross B. - 2011
This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...
Persistent link: https://www.econbiz.de/10011603570
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Complexities of core-periphery relation : an analysis of the late Raúl Prebisch
Bracarense, Natália - 2016
The work of Raúl Prebisch is typically summarized by two of his important contributions to development economics: the center-periphery paradigm together with his diagnosis of Latin America's development struggles. Recent investigations have, however, shed light on the nature of Prebisch's early...
Persistent link: https://www.econbiz.de/10011609907
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Ben Bernanke : theory and practice
Gill, Alexander J. - 2014
Ben Bernanke researched monetary policy for over 25 years prior to becoming a policymaker, and his two-term career as Chairman of the Federal Reserve featured a severe recession coupled with a financial crisis, a chief subject of Bernanke's research. His reaction to economic events is noteworthy...
Persistent link: https://www.econbiz.de/10011639294
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Of positivism and the history of economic thought
Caldwell, Bruce - 2013
The rhetoric of positivism had a profound effect on the worldview and practice of economists in the middle of the last century. Though this influence has greatly diminished, it still may be found in the attitude of many economists towards the history of their discipline. This paper traces the...
Persistent link: https://www.econbiz.de/10011707985