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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
Econometricians tend to hold simultaneously two views in tension with each other: an apparent anti-realism that holds that all models are false and at best useful constructs or approximations to true models and an apparent realism that models are to be judged by their success at capturing an...
Persistent link: https://www.econbiz.de/10009145720
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/10010878271
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/10011592193
evidence. Sutton's reflections on econometrics appear to arise from the darker recesses of his practitioner's soul. While he … affects a sunny disposition and ends on a hopeful note, his analysis articulates the lurking fear that econometrics is a … hopeless project and that economics has little to learn from the interaction of theory and econometrics. Sutton's book is like …
Persistent link: https://www.econbiz.de/10009475535
econometrics, microfoundations, and the New Classical macroeconomics. …
Persistent link: https://www.econbiz.de/10011904610
Persistent link: https://www.econbiz.de/10000543655
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
econometrics, microfoundations, and the New Classical macroeconomics. …
Persistent link: https://www.econbiz.de/10011903527
Persistent link: https://www.econbiz.de/10001111337