Probability, Econometrics and Truth

Name: Probability, Econometrics and Truth
Brand: Cambridge University Press
SKU: 9780521553599
Price: 133.03 EUR
Availability: InStock

The Methodology of Econometrics

Автор: Hugo A. Keuzenkamp

Език:

Корици: С твърди корици

Издател: Cambridge University Press

Наличност: Външен склад

Изпращаме след 9-15 дни

133.03 € 260.19 лв

When John Maynard Keynes likened Jan Tinbergen's early work in econometrics to black magic and alche...

Информация за книгата

Автор

Hugo A. Keuzenkamp

Език

Английски език

Корици

Книга - С твърди корици

Издадена

2000

страници

324

EAN

9780521553599

ISBN

0521553598

Enbook ID

02034949

Издател

Cambridge University Press

Теглоt

653

Размери

152 x 229 x 22

Пълно описание

When John Maynard Keynes likened Jan Tinbergen's early work in econometrics to black magic and alchemy, he was expressing a widely held view of a new discipline. However, even after half a century of practical work and theorizing by some of the most accomplished social scientists, Keynes' comments are still repeated today. This book assesses the foundations and development of econometrics and sets out a basis for the reconstruction of the foundations of econometric inference by examining the various interpretations of probability theory which underlie econometrics. Keuzenkamp claims that the probabilistic foundations of econometrics are weak, and although econometric inferences may yield interesting knowledge, claims to be able to falsify or verify economic theories are unwarranted. Methodological falsificationism in econometrics is an illusion. Instead, it is argued, econometrics should locate itself in the tradition of positivism.

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Probability, Econometrics and Truth

The Methodology of Econometrics

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