The Transvaluation of the Theory of Economic Policy: The Lucas Critique Reconsidered
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References listed on IDEAS
- Peter Skott, 2012. "Pluralism, the Lucas critique, and the integration of macro and micro," UMASS Amherst Economics Working Papers 2012-04, University of Massachusetts Amherst, Department of Economics.
- K.Vela Velupillai, 2014. "Friedman's Characterization of the Natural Rate of Unemployment," ASSRU Discussion Papers 1411, ASSRU - Algorithmic Social Science Research Unit.
- Stanley, T. D., 2000. "An empirical critique of the Lucas critique," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 29(1), pages 91-107.
- Kevin Hoover, 1994. "Econometrics as observation: the Lucas critique and the nature of econometric inference," Journal of Economic Methodology, Taylor & Francis Journals, vol. 1(1), pages 65-80.
- Lawson, Tony, 1995. "The 'Lucas Critique': A Generalisation," Cambridge Journal of Economics, Oxford University Press, vol. 19(2), pages 257-276, April.
- Marcellino, Massimiliano & Salmon, Mark, 2002. "Robust Decision Theory And The Lucas Critique," Macroeconomic Dynamics, Cambridge University Press, vol. 6(01), pages 167-185, February.
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More about this item
KeywordsLucas critique; macroeconomic policy evaluation; nihilism; theory of economic policy;
- E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- C54 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Quantitative Policy Modeling
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2016-07-02 (All new papers)
- NEP-HPE-2016-07-02 (History & Philosophy of Economics)
- NEP-MAC-2016-07-02 (Macroeconomics)
- NEP-PKE-2016-07-02 (Post Keynesian Economics)
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