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The Methodology of Empirical Macroeconomics by Kevin D. Hoover (English) Paperba

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
ISBN-13
9780521003216
Book Title
The Methodology of Empirical Macroeconomics
ISBN
9780521003216

About this product

Product Identifiers

Publisher
Cambridge University Press
ISBN-10
0521003210
ISBN-13
9780521003216
eBay Product ID (ePID)
1858487

Product Key Features

Number of Pages
200 Pages
Language
English
Publication Name
Methodology of Empirical Macroeconomics
Publication Year
2001
Subject
Economics / Macroeconomics
Type
Textbook
Author
Kevin D. Hoover
Subject Area
Business & Economics
Format
Trade Paperback

Dimensions

Item Height
0.5 in
Item Weight
10.6 Oz
Item Length
9 in
Item Width
6 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
2001-018480
Reviews
'Straddling the two worlds of economics methodology and practicing macroeconomics, Hoover's book requires and merits a serious reading.' Journal of Economics, "I believe that this book accomplishes its main mission--relating the philosophy of science to practical macroeconomic issues." -
TitleLeading
The
Dewey Edition
21
Illustrated
Yes
Dewey Decimal
339
Table Of Content
1. Some methodological problems in macroeconomics; 2. Are there macroeconomic laws?; 3. Does macroeconomics need microfoundations?; 4. Causality in macroeconomics; 5. Pragmatism, realism, and the practice of macroeconomics.
Synopsis
Economic methodology typically focuses on microeconomic theory. The Methodology of Empirical Macroeconomics breaks new ground by focusing instead on the genuine problems that arise for macroeconomists trying to relate theory to data. It demonstrates that with careful attention to actual macroeconomic practice, economic methodology and the philosophy of science help to resolve problems faced by working macroeconomists. Some issues addressed are: the relationship between theoretical models and empirical observations; microfoundations for macroeconomics; the scope and nature of economic laws, the role of idealizations, methodological individualism, and the problem of causality., Economic methodology typically focuses on microeconomic theory. The Methodology of Empirical Macroeconomics focuses instead on the genuine problems that arise for macroeconomists trying to relate theory to data., The Methodology of Empirical Macroeconomics stakes out a pragmatic middle-ground between traditional, prescriptive economic methodology and recent descriptive (sociological or rhetorical) methodology. The former is sometimes seen as arrogantly telling economists how to do their work and the latter as irrelevant to their practice. The lectures are built around a case study of a concrete example of macroeconomic analysis. They demonstrate that economic methodology and the philosophy of science offer insights that help to resolve the genuine concerns of macroeconomists. Some examples of questions addressed include: What is the relationship between theoretical models and empirical observations? What is the relevance of macroeconomics to policy? Should macroeconomics be viewed as a special case of microeconomics? What is the place of long-standing philosophical issues in macroeconomics, such as the scope and nature of economic laws, the role of idealizations, methodological individualism, and the problem of causality?
LC Classification Number
HB172.5 .H659 2001

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