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Book reviews: Christopher A. Sims, Macroeconomics and Reality

Annals of Spiru Haret University. Economic Series

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Title Book reviews: Christopher A. Sims, Macroeconomics and Reality
 
Creator STERE, Miha
GICĂ, Ecaterina
 
Subject Macroeconomics and Reality

 
Description  Two main ideas derive from a careful reading of the Macroeconomics and Reality study. The former one targets the appropriate nature of the methods used in macroeconomics and how they report to the economic reality. In this direction, Sims’ opinion looks radical. The mentions of the macroeconomic models (variables and equations) should rely on a set of data (empirical approach) or an analytical relation among different variables (theoretical approach). Sims explicitly excludes the mentions derived from purely statistical and econometric restrictions or other simplifying presumptions....
 
Publisher Editura Fundatiei Romania de Maine
 
Contributor
 
Date 2010-09-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://anale.spiruharet.ro/index.php/economics/article/view/10324
 
Source Annals of Spiru Haret University. Economic Series; Vol 10, No 3 (2010); 239-244
2393-1795
 
Language eng
 
Relation http://anale.spiruharet.ro/index.php/economics/article/view/10324/pdf
 
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Rights Copyright (c) 2010 author
http://creativecommons.org/licenses/by-nc-sa/4.0