Can I read Causality and Objectivity in Macroeconomics (Routledge INEM Advances in Economic Methodology) on EtoBox?

Causality and Objectivity in Macroeconomics (Routledge INEM Advances in Economic Methodology) by TOBIAS. HENSCHEN is a nonfiction available to read on EtoBox.

What is Causality and Objectivity in Macroeconomics (Routledge INEM Advances in Economic Methodology) about?

Central banks and other policymaking institutions use causal hypotheses to justify macroeconomic policy decisions to the public and public institutions. These hypotheses say that changes in one macroeconomic aggregate (e.g. aggregate demand) cause changes in other macroeconomic aggregates (e.g. in inflation). An important (perhaps the most important) goal of macroeconomists is to provide conclusive evidence in support of these hypotheses. If they cannot provide any conclusive evidence, then policymaking institutions will be unable to use causal hypotheses to justify policy decisions, and then the scientific objectivity of macroeconomic policy analysis will be questionable. The book analyzes the accounts of causality that have been or can be proposed to capture the type of causality that underlies macroeconomic policy analysis, the empirical methods of causal inference that contemporary macroeconomists have at their disposal, and the conceptions of scientific objectivity that traditionally play a role in economics. The book argues that contemporary macroeconomists cannot provide any conclusive evidence in support of causal hypotheses, and that macroeconomic policy analysis doesn’t q

Who reads Causality and Objectivity in Macroeconomics (Routledge INEM Advances in Economic Methodology)?

Author

TOBIAS. HENSCHEN

Publisher

Routledge, Chapman & Hall, Incorporated

Published

2023

Language

EN

ISBN

9781003094883

Category

nonfiction

Subjects

Economics, Business