| Economics in Theory and Practice: An Eclectic Approach: Essays in Honor of F. G. Adams 1989 Edition Contributor(s): Klein, L. R. (Editor), Marquez, Jaime (Editor) |
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ISBN: 9401066930 ISBN-13: 9789401066938 Publisher: Springer OUR PRICE: $52.24 Product Type: Paperback Published: September 2011 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - General - Business & Economics | Econometrics - Business & Economics | Development - Economic Development |
| Dewey: 330 |
| Series: Advanced Studies in Theoretical and Applied Econometrics |
| Physical Information: 0.6" H x 6.14" W x 9.21" (0.88 lbs) 280 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Lawrence Klein, University of Pennsylvania Jaime Marquez, Federal Reserve BoarrI* All examination of the economics literature over the last twenty years reveals a marked tendency towards polarisation. On the one hand, there has been a propensity to develop theoretical models which have little connection with either empirical verification or problems requiring immediate attention. On the other iland, empirical analyses are generally typified by testing for its own sake, with limited examination of the implications of the results. As a result, the number of papers confronting theory with facts towards the solution of economic problems has been on the decline for years. To fill this growing gap in the literature, we have invited a number of authors to write papers using both theoretical and empirical techniques to address current issues of interest to the profession at large: the US trade deficit and the global implications of policies that attempt to reduce it, the international ramifications of the debt crisis, the international oil market and its implications for the US oil industry, and the development of new econometric techniques. In addressing these issues, each author has approached the subject matter from an eclectic standpoint - that is, avoiding strict adherence to a given doctrine. |