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 …

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 …

econometrics, microfoundations, and the New Classical macroeconomics. …

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 …