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This paper explores the incidence of job loss by wage level during the Great Recession, using data for Ireland. Ireland …
Persistent link: https://www.econbiz.de/10011991889
performance between Ireland and the Netherlands. Key hypotheses are, first, that companies using the HPHR system exhibit higher … stronger for Ireland than for the Netherlands as the societal context (skill formation, industrial relations and value systems …) consistently support the working of HPHR in Ireland but in the Netherlands these institutions restrict the potential contribution …
Persistent link: https://www.econbiz.de/10010318156
Persistent link: https://www.econbiz.de/10011695889
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The aim of this article is to underline that the core paradigm of mainstream economics, the economics’ standard model (ESM), rests upon an explanatory theory that draws on deductive assumptions which are not supported by what observations of the reality of market economies shows us; either in...
Persistent link: https://www.econbiz.de/10013369617
Persistent link: https://www.econbiz.de/10011602159
This paper has two sources: One is my own research in three broad areas: business cycles, economic measurement and social choice. In all of these fields I attempted to apply the basic precepts of the scientific method as it is understood in the natural sciences. I found that my effort at using...
Persistent link: https://www.econbiz.de/10010295300
This paper argues that the DSGE approach to macroeconometrics is the dominant approach because it meets the institutional needs of the replicator dynamics of the profession, not because it is necessarily the best way to do macroeconometrics. It further argues that this 'DSGE theory-first'...
Persistent link: https://www.econbiz.de/10010298628
The primary aim of the paper is to place current methodological discussions in macroeconometric modeling contrasting the 'theory first' versus the 'data first' perspectives in the context of a broader methodological framework with a view to constructively appraise them. In particular, the paper...
Persistent link: https://www.econbiz.de/10010298629
Wissenschaftliche Prognosen unterscheiden sich von sonstigen Vorhersagen nicht zuletzt dadurch, daß mit ihnen der Anspruch auf systematische Verbesserbarkeit verknüpft wird. Hat sich die Treffsicherheit von Konjunkturprognosen als Folge des wissenschaftlich-technischen Fortschritts verbessert?
Persistent link: https://www.econbiz.de/10010302409