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La théorie post-keynésienne et la recherche empirique

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  • Eichner, Alfred S.

    (Centre de Recherche en Économie et Anthropogénie, Université Rutgers)

Abstract

The paper argues that post-Keynesian theory has reached a third stage in its development, that of empirically validating its arguments. The failure of the alternative neoclassical paradigm to meet any of the necessary empirical tests — the correspondence, comprehensiveness, parsimony and praxis tests in particular — is first pointed out. The methodological pitfalls which post-Keynesian theory must guard against if it is to avoid the same result are then indicated. From this line of argument emerges the imminent research agenda if post-Keynesian theory is eventually to place economics on a scientific basis by developing a body of theory which can be both empirically validated and conducive to further empirical research.

Suggested Citation

  • Eichner, Alfred S., 1982. "La théorie post-keynésienne et la recherche empirique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 58(1), pages 223-247, janvier-j.
  • Handle: RePEc:ris:actuec:v:58:y:1982:i:1:p:223-247
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    References listed on IDEAS

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    1. Leonard Forman & Alfred S. Eichner, 1981. "A Post Keynesian Short-Period Model: Some Preliminary Econometric Results," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 4(1), pages 117-135, October.
    2. Basil J. Moore, 1979. "The Endogenous Money Stock," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 2(1), pages 49-70, October.
    3. Hyman P. Minsky, 1992. "The Financial Instability Hypothesis," Economics Working Paper Archive wp_74, Levy Economics Institute.
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    Cited by:

    1. Matias Vernengo & Louis-Philippe Rochon, 2001. "Kaldor and Robinson on money and growth," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 8(1), pages 75-103.

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