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 independent reality. This tension is resolved starting from Ronald …

economic hypotheses. The issue is formulated in the context of recent philosophical accounts on the nature of models and …

economic hypotheses. The issue is formulated in the context of recent philosophical accounts on the nature of models and …

economic hypotheses. The issue is formulated in the context of recent philosophical accounts on the nature of models and …

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 … theoretical identification of econometric models. They call for new techniques that better acknowledge the interrelationship of …

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 … theoretical identification of econometric models. They call for new techniques that better acknowledge the interrelationship of …

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 … theoretical identification of econometric models. They call for new techniques that better acknowledge the interrelationship of …

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 …

econometrics, microfoundations, and the New Classical macroeconomics. …