Artikel
Methodological Mistakes and Econometric Consequences
Econometric Methodology is based on logical positivist principles. Since logical positivism has collapsed, it is necessary to re-think these foundations. We show that positivist methodology has led econometricians to a meaningless search for patterns in the data. An alternative methodology which relates observed patterns to real causal structures is proposed.
- Sprache
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Englisch
- Erschienen in
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Journal: International Econometric Review (IER) ; ISSN: 1308-8815 ; Volume: 4 ; Year: 2012 ; Issue: 2 ; Pages: 99-122 ; Ankara: Econometric Research Association (ERA)
- Klassifikation
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Wirtschaft
Methodological Issues: General
Economic Methodology: General
- Thema
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Econometric Methodology
logical positivism
realism
causality
VAR models
Forecasting
surprise
goodness of fit
- Ereignis
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Geistige Schöpfung
- (wer)
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Zaman, Asad
- Ereignis
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Veröffentlichung
- (wer)
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Econometric Research Association (ERA)
- (wo)
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Ankara
- (wann)
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2012
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Zaman, Asad
- Econometric Research Association (ERA)
Entstanden
- 2012