Methodology: alchemy or science?

Article Abstract:

David Hendry gathered 19 of his best papers in the book 'Econometrics: Alchemy or Science?' According to the writer, the collection traces his most notable essays on econometric methodology between 1974 and 1985 during which the technique blossomed into its current form. Students of econometric methodology will appreciate the volume as a history of his personal methodology while students of time series econometrics will value the volume as a collection of high-quality research papers.

Evaluation, Econometrics, Econometrics: Alchemy or Science?

---

Why does methodology matter for economics?

Article Abstract:

There is a need to come up with a methodology for economics that would reach the standards set in other disciplines to enable critics to more objectively review economic literature. The parochial view that every discipline has its own internal standards is no longer viable. Four books that recognize the need to define a philosophy for economics are evaluated. The books are written by Mark Blaug, Daniel Hausman, Alexander Rosenberg and Lawrence Boland.

Analysis, Methodology, Research methods

---

On the convergence and divergence of growth rates

Article Abstract:

A review of important new theoretical literature on economic growth is presented. The writings of Barro (1991) and Mankiw et al (1992) suggest that countries with low initial incomes grow faster than countries with high initial incomes. Durlauf and Johnson (1995) and Quah (1996) have argued that cross-country growth is incongruous with convergence and has more in common with endogenous growth mechanisms.

Economic development

Similar abstracts:

• Abstracts: Forging ahead and falling behind: the rise and relative decline of the first industrial nation. Organizational capabilities and the economic history of the industrial enterprise
• Abstracts: Learning through alliances. Learning from experience, reference points, and decision costs. Sequential divestiture through initial public offerings
• Abstracts: Participatory decision-making in the firm. Entrepreneurship and the theory of the firm. The impact of firm-specific assets and the interaction of uncertainty: an examination of make or buy decisions in public and private hospitals
• Abstracts: Does female income share influence household expenditures? Evidence from Cote d'Ivoire. How does female education affect fertility? A structural model for the Cote d'Ivoire
• Abstracts: Evaluation of callable bonds: finite difference methods, stability and accuracy. Circumventing the curse of dimensionality in applied work using computer intensive methods

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.