The Methodology of Empirical Macroeconomics

by Kevin D. Hoover

2020-12-29 09:02:09

Economic methodology typically focuses on microeconomic theory. The Methodology of Empirical Macroeconomics breaks new ground by focusing instead on the genuine problems that arise for macroeconomists trying to relate theory to data. It demonstrates ... Read more
Economic methodology typically focuses on microeconomic theory. The Methodology of Empirical Macroeconomics breaks new ground by focusing instead on the genuine problems that arise for macroeconomists trying to relate theory to data. It demonstrates that with careful attention to actual macroeconomic practice, economic methodology and the philosophy of science help to resolve problems faced by working macroeconomists. Some issues addressed are: the relationship between theoretical models and empirical observations; microfoundations for macroeconomics; the scope and nature of economic laws, the role of idealizations, methodological individualism, and the problem of causality. Less

Book Details

File size9.29 X 6.18 X 0.71 in
Print pages200
PublisherCambridge University Press
Publication date October 11, 2001
LanguageEnglish
ISBN9780521802727

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