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.
- Language
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Englisch
- Bibliographic citation
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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)
- Classification
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Wirtschaft
Methodological Issues: General
Economic Methodology: General
- Subject
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Econometric Methodology
logical positivism
realism
causality
VAR models
Forecasting
surprise
goodness of fit
- Event
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Geistige Schöpfung
- (who)
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Zaman, Asad
- Event
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Veröffentlichung
- (who)
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Econometric Research Association (ERA)
- (where)
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Ankara
- (when)
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2012
- Handle
- Last update
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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
- Artikel
Associated
- Zaman, Asad
- Econometric Research Association (ERA)
Time of origin
- 2012
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