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dc.contributor.authorGilbert, Christopher L.
dc.date.accessioned2012-08-30T15:19:35Z
dc.date.available2012-08-30T15:19:35Z
dc.date.issued1989
dc.identifier.citationGilbert, Christopher L. 'Economic theory and econometric models'. - Economic & Social Review, Vol. 21, No. 1, October, 1989, pp. 1-25, Dublin: Economic & Social Research Institute
dc.identifier.issn0012-9984
dc.identifier.urihttp://hdl.handle.net/2262/64801
dc.description.abstractThe constitution of the Econometric Society states as the main objective of the society "the unification of the theoretical-qualitative and the empirical-quantitative approach to economic problems" (Ragnar Frisch, 1933, p. 1). Explaining this objective, Frisch warned that "so long as we content ourselves to statements in general terms about one economic factor having an 'effect' on some other factor, almost any sort of relationship may be selected, postulated as a law, and 'explained' by a plausible argument". Precise, realistic, but at the same time complex theory was required to "help us out in this situation" (ibid, p. 2).en
dc.language.isoen
dc.publisherEconomic & Social Studies
dc.sourceEconomic & Social Reviewen
dc.subjectEconomic theoryen
dc.subjectEconometric modelsen
dc.titleEconomic theory and econometric models
dc.typeJournal Article
dc.publisher.placeDublinen


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