• Critical Realism and Econometrics 

      Bache, Ida Wolden (Working Papers;4/2003, Working paper, 2003)
      In "Economics and Reality" (1997) Tony Lawson advocates a perspective on social reality labelled critical realism. Critical realism maintains that strict regularities between observable events are the exception rather than ...
    • RBCs and DSGEs: The Computational Approach to Business Cycle Theory and Evidence 

      Karagedikli, Özer; Matheson, Troy; Smith, Christie; Vahey, Shaun P. (Working Papers;17/2008, Working paper, 2008)
      Real Business Cycle (RBC) and Dynamic Stochastic General Equilibrium (DSGE) methods have become essential components of the macroeconomist’s toolkit. This literature review stresses recently developed techniques for ...
    • Statistical Issues in Macroeconomic Modelling 

      Jansen, Eilev S. (Working Papers;12/2000, Working paper, 2000)
      The paper describes the influx of mathematical statistics in economics. It focuses on an approach to macroeconometric modelling which is based on fundamental statistical concepts like the joint distribution function of all ...
    • The Generic Properties of Equilibrium Correction Mechanisms 

      Bårdsen, Gunnar; Hurn, Stan; Lindsay, Kenneth (Working Papers;8/1999, Working paper, 1999)
      Linear dynamic equilibrium correction mechanisms are shown to follow from the discretisation of continuous economic processes with steady-state solutions. In addition, the proposed procedure provides testable restrictions ...