Abstract
It is standard to define econometrics as a branch of economics that brings together economic theory, facts and statistical theory in order to give empirical content to economic reasoning. The accepted assumption is that theories and hypotheses in economics have to be validated by invoking factual evidence. Is this true for all economists? If it is, then is that factual evidence pertinent only to the predictive implications of theories, or to the assumptions of theories, or to both?
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© 1989 Springer Science+Business Media Dordrecht
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Grasa, A.A. (1989). Economic Methodology and Econometrics. In: Econometric Model Selection: A New Approach. Advanced Studies in Theoretical and Applied Econometrics, vol 16. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-1358-0_2
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DOI: https://doi.org/10.1007/978-94-017-1358-0_2
Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-481-4051-0
Online ISBN: 978-94-017-1358-0
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