The unrealistic realist philosophy. The ontology of econometrics revisited - Archive ouverte HAL Accéder directement au contenu
Article Dans Une Revue Journal of Philosophical Economics Année : 2019

The unrealistic realist philosophy. The ontology of econometrics revisited

Résumé

The argument put forth in this article shows that the hitherto scientific-realist approaches to econometrics are incongruent with the realistically reconstructed empirical macroeconomics. The SR approaches share in common being realist about the relations depicted by (successful) models. The economic models of data are sensitive to minor changes in sample and estimating methods what creates the 'emerging contrary result' phenomenon: the community of econometricians accept models that are inconsistent. Being SR about econometrics equals committing oneself to the following trilemma: (1) it is feasible to indicate the successful models that rightly isolate/idealize the regularities of the economy (the knowledge thesis); (2) econometric models are about the economic world (the independence thesis); and, at least in some areas of application, (3) successful econometric models contradict each other.
Fichier principal
Vignette du fichier
8545.pdf (1.07 Mo) Télécharger le fichier
Origine : Accord explicite pour ce dépôt

Dates et versions

hal-03710981 , version 1 (01-07-2022)

Licence

Paternité - Pas d'utilisation commerciale - Partage selon les Conditions Initiales

Identifiants

Citer

Mariusz Maziarz. The unrealistic realist philosophy. The ontology of econometrics revisited. Journal of Philosophical Economics, 2019, Volume XIII Issue 1 (1), pp.39-64. ⟨10.46298/jpe.10731⟩. ⟨hal-03710981⟩
53 Consultations
248 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More