1st Edition
Error in Economics Towards a More Evidence–Based Methodology
By Julian Reiss
Copyright 2008
272 Pages
7 B/W Illustrations
by
Routledge
272 Pages
7 B/W Illustrations
by
Routledge
272 Pages
7 B/W Illustrations
by
Routledge
Also available as eBook on:
What is the correct concept behind measures of inflation? Does money cause business activity or is it the other way around? Shall we stimulate growth by raising aggregate demand or rather by lowering taxes and thereby providing incentives to produce? Policy-relevant questions such as these are of immediate and obvious importance to the welfare of societies. The standard approach in dealing with... Read more
1. Evidence-Based Economics: What It Is and What It Isn't 2. Methodology and Expert Judgement in Evidence-Based Economics: Lessons from the CPI Controversy 3. Readdressing the Quality-Change Issue 4. Measurement Between the Absolute and the Arbitrary 5. For a New Experimentalism in Experimental Economics 6. The Role of Theory in Evidence-Based Economics: Models, Mechanisms and Thought Experiments 7. Practice Ahead of Theory: Natural Experiments and Causal Instrumental Variables 8. Explanatory Mechanisms and the Aims of Economics 9. Social Capacities 10. Uncertainty in Econometrics - Evaluating Policy Counterfactuals
Biography
Julian Reiss is Assistant Professor in the Department of Philosophy at Erasmus University, Rotterdam, and a Research Associate of the Centre for Philosophy of Natural and Social Science, London School of Economics.
