, intrinsically involving empirical discovery and requiring theory evaluation.  Despite important differences, discovery and … variables than observations, while embedding the theory; then rigorously evaluate selected models to ascertain their viability. …

a fundamental and equally enduring problem: "Economic theory has suffered in the past from a failure to state clearly … its assumptions. Economists in building up a theory have often omitted to examine the foundations on which it was erected … a lack of knowledge of the assumptions on which a theory is based, but also because of the extreme importance for …

problem: it is not a single theory, but rather four major theories in a stormy sea of ill-conceived and untenable auxiliary … conjecture. Moreover, the solid core of Hardin's central thesis was simply a restatement of a previously published theory, the …

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 … theory and data. Others credit Haavelmo with an approach that focuses on statistical adequacy rather than theoretical …

See also the article in <I>Econometrics</I> (2013). Volume 1(3), pages 217-235.<P> The paper focuses on the robustness … of rankings of academic journal quality and research impact of 10 leading econometrics journals taken from the Thomson …

The article offers a review of modern business cycle theory as developed in the first half of XX century. Marrama … considered as the most important for understanding the current state of business cycle theory: cyclical aggregative models (using …