Book reviews: Christopher A. Sims, Macroeconomics and Reality
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 mod...
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Editura Fundatiei Romania de Maine
2010-09-01
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| Series: | Annals of Spiru Haret University Economic Series |
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| Online Access: | http://anale.spiruharet.ro/index.php/economics/article/view/686 |
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doaj-fb9a8e77694642289248f35031bbb06e2020-11-24T20:51:06ZengEditura Fundatiei Romania de MaineAnnals of Spiru Haret University Economic Series2393-17952010-09-01103239244686Book reviews: Christopher A. Sims, Macroeconomics and RealityMiha STERE0Ecaterina GICĂ1Lecturer Ph.D., University College DublinPh.D. candidate, Academy of Economic Studies, BucharestTwo 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....http://anale.spiruharet.ro/index.php/economics/article/view/686Macroeconomics and Reality |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Miha STERE Ecaterina GICĂ |
| spellingShingle |
Miha STERE Ecaterina GICĂ Book reviews: Christopher A. Sims, Macroeconomics and Reality Annals of Spiru Haret University Economic Series Macroeconomics and Reality |
| author_facet |
Miha STERE Ecaterina GICĂ |
| author_sort |
Miha STERE |
| title |
Book reviews: Christopher A. Sims, Macroeconomics and Reality |
| title_short |
Book reviews: Christopher A. Sims, Macroeconomics and Reality |
| title_full |
Book reviews: Christopher A. Sims, Macroeconomics and Reality |
| title_fullStr |
Book reviews: Christopher A. Sims, Macroeconomics and Reality |
| title_full_unstemmed |
Book reviews: Christopher A. Sims, Macroeconomics and Reality |
| title_sort |
book reviews: christopher a. sims, macroeconomics and reality |
| publisher |
Editura Fundatiei Romania de Maine |
| series |
Annals of Spiru Haret University Economic Series |
| issn |
2393-1795 |
| publishDate |
2010-09-01 |
| 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.... |
| topic |
Macroeconomics and Reality |
| url |
http://anale.spiruharet.ro/index.php/economics/article/view/686 |
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AT mihastere bookreviewschristopherasimsmacroeconomicsandreality AT ecaterinagica bookreviewschristopherasimsmacroeconomicsandreality |
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