The Methodology of Empirical Macroeconomics

The Methodology of Empirical Macroeconomics

Editorial Reviews
Review
'Straddling the two worlds of economics methodology and practicing macroeconomics, Hoover's book requires and merits a serious reading.' Journal of Economics

Book Description
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.

The Methodology of Empirical Macroeconomics

The Methodology of Empirical Macroeconomics,Kevin D. Hoover,Cambridge University Press,0521003210,Business & Economics,Business / Economics / Finance,Business/Economics,Economic Conditions,Economics - General,Economics - Macroeconomics,Macroeconomics,Methodology,Economic theory & philosophy,International economics,Philosophy of science,Political Science / Economic Conditions

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