Rational econometric man

Rational econometric man: transforming structural econometrics

by Nell, Edward J.

Type Book
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This challenging and original book takes a fresh, innovative look at econometrics, and re-examines the scientific standing of structural econometrics as developed by the founders (Frisch and Tinbergen) and extended by Haavelmo and the Cowles modellers (particularly Klein) during the period 1930 - 1960. The authors begin by rethinking the scientific foundations of structural econometrics, offering a way around the problem of induction that also justifies the assumption of a 'data-generating mech…

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Title Statements

  • Full title :Rational econometric man : transforming structural econometrics / Edward J. Nell, Karim Errouaki ; with a foreword by Lawrence R. Klein, Nobel Laureate in economics.

Summary

This challenging and original book takes a fresh, innovative look at econometrics, and re-examines the scientific standing of structural econometrics as developed by the founders (Frisch and Tinbergen) and extended by Haavelmo and the Cowles modellers (particularly Klein) during the period 1930 - 1960. The authors begin by rethinking the scientific foundations of structural econometrics, offering a way around the problem of induction that also justifies the assumption of a 'data-generating mechanism', and of ways to model this. They go on to explain how current critiques of the methodological.

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Edition Statements

  • Publication Date:©2013

Publication Statements

  • Publisher(s):Edward Elgar
  • Place of Publication:Northampton, MA
  • Language:eng
  • Publication Date:©2013

The Physical Object

  • Description:1 online resource (576 pages) : : illustrations

Edition Identifiers

  • ISBN:9781849809627, 1849809623
  • oclc:ocn861536581
  • LC Classification:HB139
  • Dewey Decimal:330.015195

Table of Contents

Part I. From rational economic man to rational econometric man -- part II. The critiques and the foundations -- part III. Structural econometrics in its place : mapping new directions.

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