An Expanded Scope For Qualitative Economics
As currently practiced, the analysis of an economic model's qualitative properties is very restricted and rarely productive. This paper provides an approach for conducting an expanded qualitative analysis that can be applied to any economic model. The method proposed will enable the qualitative properties of all economic models to be critically assessed.
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| Date of creation: | May 2010 |
| Date of revision: | |
| Handle: | RePEc:tem:wpaper:1007 |
| Contact details of provider: | Postal: Ritter Annex 877, Philadelphia, PA 19122 Phone: 215.204.8880 Fax: 215.204.8173 Web page: http://www.cla.temple.edu/economics/ More information through EDIRC
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References listed on IDEAS
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- Christopher A. Sims, 1986. "Are forecasting models usable for policy analysis?," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Win, pages 2-16.
- Ben Bernanke, 1990.
"The Federal Funds Rate and the Channels of Monetary Transnission,"
NBER Working Papers
3487, National Bureau of Economic Research, Inc.
- Bernanke, Ben S & Blinder, Alan S, 1992. "The Federal Funds Rate and the Channels of Monetary Transmission," American Economic Review, American Economic Association, vol. 82(4), pages 901-21, September.
- Ben S. Bernanke & Alan S. Blinder, 1989. "The federal funds rate and the channels of monetary transmission," Working Papers 89-10, Federal Reserve Bank of Philadelphia.
- Lady, George M, 1983. "The Structure of Qualitatively Determinate Relationships," Econometrica, Econometric Society, vol. 51(1), pages 197-218, January.
- Buck, Andrew J. & Lady, George M., 2005. "Falsifying economic models," Economic Modelling, Elsevier, vol. 22(5), pages 777-810, September.
- Kelvin Lancaster, 1962. "The Scope of Qualitative Economics," Review of Economic Studies, Oxford University Press, vol. 29(2), pages 99-123.
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