Simplicity in econometric modelling: some methodological considerations
AbstractIt is shown how simplicity in econometric modelling can be defended from three different methodological positions, a 'traditional scientific', a rhetorical and a hermeneutical one. Moreover, it is argued that the claim of methodological superiority by supporters of general-to-specific modelling is largely rhetorics. In practice there does not exist a viable alternative to simple modelling in empirical economics.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Journal of Economic Methodology.
Volume (Year): 5 (1998)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RJEC20
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Bernd Hayo, 2000.
"The demand for money in Austria,"
Springer, vol. 25(4), pages 581-603.
- Hayo, Bernd & Seifert, Wolfgang, 2002.
"Subjective economic well-being in Eastern Europe,"
120, University of Duisburg-Essen, Faculty for Economics and Business Administration.
- Hayo, Bernd, 1998.
"Estimating a European demand for money,"
ZEI Working Papers
B 05-1998, ZEI - Center for European Integration Studies, University of Bonn.
- Hayo, Bernd, 2004. "Public support for creating a market economy in Eastern Europe," Journal of Comparative Economics, Elsevier, vol. 32(4), pages 720-744, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.