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Does economics need a scientific revolution?

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  • Kitov, Ivan

Abstract

Economics does not need a scientific revolution. Economics needs accurate measurements according to high standards of natural sciences and meticulous work on revealing empirical relationships between measured variables.

Suggested Citation

  • Kitov, Ivan, 2009. "Does economics need a scientific revolution?," MPRA Paper 14476, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:14476
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    File URL: https://mpra.ub.uni-muenchen.de/14476/1/MPRA_paper_14476.pdf
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    References listed on IDEAS

    as
    1. Ivan O. Kitov, 2009. "Mechanical Model of Personal Income Distribution," Papers 0903.0203, arXiv.org.
    2. Kitov, Ivan & Kitov, Oleg & Dolinskaya, Svetlana, 2008. "Comprehensive macro-model for the U.S. economy," MPRA Paper 9808, University Library of Munich, Germany.
    3. Kitov, Ivan & Kitov, Oleg, 2009. "Unemployment and inflation in Western Europe: solution by the boundary element method," MPRA Paper 14341, University Library of Munich, Germany.
    4. Edward C. Prescott, 1998. "Business cycle research: methods and problems," Working Papers 590, Federal Reserve Bank of Minneapolis.
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    Citations

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    Cited by:

    1. Ivan KITOV, 2010. "Modeling Share Prices Of Banks And Bankrupts," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 1(1), pages 59-85.
    2. Ivan O. KITOV, 2010. "Predicting Real Economic Growth In France, Germany, New Zealand, And The United Kingdom," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 5(1(11)_Spr), pages 48-54.
    3. Kitov, Ivan, 2009. "Predicting real GDP per capita in France, Germany, New Zealand, and the UK," MPRA Paper 15503, University Library of Munich, Germany.
    4. Aleksejus Kononovicius & Valentas Daniunas, 2013. "Agent-based and macroscopic modeling of the complex socio-economic systems," Papers 1303.3693, arXiv.org, revised Apr 2013.

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    More about this item

    Keywords

    economics; science;

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics

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