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Economics places a high premium on completeness of explanation. Typical general-equilibrium accounts of economic …, there are countervailing practices in economics. Representative-agent models aim to capture economic motivation but not to …
Persistent link: https://www.econbiz.de/10009145718
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
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
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
role of theory in economics and in recent economic events is considered in light of two recen t books: the sociologist … Economics. …
Persistent link: https://www.econbiz.de/10011592249
social science of the prototypical reasoning of economics. Applied to history, situational analysis is largely an …
Persistent link: https://www.econbiz.de/10011592251
economics into a distinct subfield within economics. Reconsidering it after thirty-five years, it is striking for its anti …-naturalism (i.e., its lack of deference to the actual practices of economics) or, perhaps, for its meta-naturalism (displayed in its …
Persistent link: https://www.econbiz.de/10011761429
in economics is illustrated with a historical case-study of Lawrence Klein's early econometric models of the U.S. economy. …
Persistent link: https://www.econbiz.de/10011951718
role of theory in economics and in recent economic events is considered in light of two recen t books: the sociologist … Economics. …
Persistent link: https://www.econbiz.de/10011600520
economics - the so-called microfoundations of macroeconomics - is adequately to ground or replace higher level causal analysis …
Persistent link: https://www.econbiz.de/10011706671