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Economists, Incentives, Judgment, and Empirical Work

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dc.creator Colander, David C.
dc.date 2008
dc.date.accessioned 2013-10-16T06:57:45Z
dc.date.available 2013-10-16T06:57:45Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17984
dc.identifier ppn:561278423
dc.identifier RePEc:zbw:ifwedp:7213
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17984
dc.description This paper asks the question: Why has the ?general-to-specific? cointegrated VAR approach as developed in Europe had only limited success in the US as a tool for doing empirical macroeconomics, where what might be called a ?theory comes first? approach dominates? The reason this paper highlights is the incompatibility of the European approach with the US focus on the journal publication metric for advancement. Specifically, the European ?general-to specific? cointegrated VAR approach requires researcher judgment to be part of the analysis, and the US focus on a journal publication metric discourages such research methods. The US ?theory comes first? approach fits much better with the journal publication metric.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Economics Discussion Papers / Institut für Weltwirtschaft 2008-12
dc.rights http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
dc.subject B4
dc.subject ddc:330
dc.subject Incentives
dc.subject empirical work
dc.subject econometrics
dc.subject methodology
dc.subject cointegration
dc.subject VAR
dc.subject Wirtschaftsforschung
dc.subject Ökonometrie
dc.subject Wissenschaftliche Methode
dc.subject Vergleich
dc.subject Motivation
dc.subject Publikationsanalyse
dc.subject Vergleich
dc.subject Wirtschaftsmodell
dc.subject USA
dc.subject VAR-Modell
dc.subject Kointegration
dc.subject Europa
dc.title Economists, Incentives, Judgment, and Empirical Work
dc.type doc-type:workingPaper


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