Limits of Econometrics

International Econometric Review -Cilt 1, Sayı 1
Sayfalar: 5-17

Yazarlar

David A. Freedman

University of California, Berkeley

Özet

In the social and behavioral sciences, far-reaching claims are often made for the superiority of advanced quantitative methods by those who manage to ignore the far-reaching assumptions behind the models. In section 2, we see there was considerable skepticism about disentangling causal processes by statistical modeling. Freedman (2005) examined several well-known modeling exercises, and discovered good reasons for skepticism. Some kinds of problems may yield to sophisticated statistical technique; others will not. The goal of empirical research is or should be to increase our understanding of the phenomena, rather than displaying our mastery of technique.

Anahtar Kelimeler

EconometricsStatistical ModelingCausal AnalysisMethodology

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Dergi Adı
International Econometric Review
Cilt / Sayı
1 / 1
Yayın Tarihi
Aralık 2024