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The Scientific Illusion in Empirical Macroeconomics
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The Scientific Illusion in Empirical Macroeconomics
The Scientific Illusion in Empirical Macroeconomics
LS
Lawrence H. Summers
Lawrence H. Summers
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1 June 1991
journal article
Published by
JSTOR
in
The Scandinavian Journal of Economics
Vol. 93
(2)
,
129
https://doi.org/10.2307/3440321
Abstract
It is argued that formal econometric work, where elaborate technique is used to apply theory to data or isolate the direction of causal relationships when they ...
Keywords
CAUSAL RELATIONSHIPS
EMPIRICAL MACROECONOMICS
ECONOMETRIC WORK
FORMAL ECONOMETRIC
APPLY THEORY
SCIENTIFIC ILLUSION
ELABORATE TECHNIQUE
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Cited by 236 articles