Arbeitspapier
Economists, Incentives, Judgment, and Empirical Work
This paper asks the question: Why has the ?general-to-specific? cointegrated VAR approach as developed in Europe had only limited success in the US as a tool for doing empirical macroeconomics, where what might be called a ?theory comes first? approach dominates? The reason this paper highlights is the incompatibility of the European approach with the US focus on the journal publication metric for advancement. Specifically, the European ?general-to specific? cointegrated VAR approach requires researcher judgment to be part of the analysis, and the US focus on a journal publication metric discourages such research methods. The US ?theory comes first? approach fits much better with the journal publication metric.
- Language
-
Englisch
- Bibliographic citation
-
Series: Economics Discussion Papers ; No. 2008-12
- Classification
-
Wirtschaft
- Subject
-
Incentives
empirical work
econometrics
methodology
cointegration
VAR
Wirtschaftsforschung
Ökonometrie
Wissenschaftliche Methode
Vergleich
Motivation
Publikationsanalyse
Vergleich
Wirtschaftsmodell
USA
VAR-Modell
Kointegration
Europa
- Event
-
Geistige Schöpfung
- (who)
-
Colander, David C.
- Event
-
Veröffentlichung
- (who)
-
Kiel Institute for the World Economy (IfW)
- (where)
-
Kiel
- (when)
-
2008
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Colander, David C.
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2008
Other Objects (12)
Economists, Incentives, Judgment, and Empirical Work
Economists, incentives, judgment, and the European CVAR approach to macroeconometrics
Economists, incentives, judgment, and the European CVAR approach to macroeconometrics
Economists, Incentives, Judgment, and the European CVAR Approach to Macroeconometrics
The incentives of future economists: Striking a balance between tools and relevance
Stress and incentives at work
Agricultural Economists
Lone-parent incomes and work incentives
Casemix-based economic incentives that work
What makes work meaningful and why economists should care about it
What Makes Work Meaningful and Why Economists Should Care about It
Why Do Relatively Few Economists Work on Climate Change? A Survey
Economists, Incentives, Judgment, and Empirical Work
Economists, incentives, judgment, and the European CVAR approach to macroeconometrics
Economists, incentives, judgment, and the European CVAR approach to macroeconometrics
Economists, Incentives, Judgment, and the European CVAR Approach to Macroeconometrics
The incentives of future economists: Striking a balance between tools and relevance
Stress and incentives at work
Agricultural Economists
Lone-parent incomes and work incentives
Casemix-based economic incentives that work
What makes work meaningful and why economists should care about it
What Makes Work Meaningful and Why Economists Should Care about It
Why Do Relatively Few Economists Work on Climate Change? A Survey
Economists, Incentives, Judgment, and Empirical Work
Economists, incentives, judgment, and the European CVAR approach to macroeconometrics
Economists, incentives, judgment, and the European CVAR approach to macroeconometrics
Economists, Incentives, Judgment, and the European CVAR Approach to Macroeconometrics
The incentives of future economists: Striking a balance between tools and relevance
Stress and incentives at work
Agricultural Economists
Lone-parent incomes and work incentives
Casemix-based economic incentives that work
What makes work meaningful and why economists should care about it
What Makes Work Meaningful and Why Economists Should Care about It