Applied Economics and the Critical Realist Critique

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ISBN: 9780415267854 | 0415267854
Cover: Hardcover
Copyright: 10/2/2003

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This intriguing new book examines and analyses the role of critical realism in economics and specifically how this line of thought can be applied to the real world. With contributions from such varying commentators as Sheila Dow, Wendy Olsen and Fred Lee, this new book is unique in its approach and will be of great interest to both economic methodologists and those involved in applied economic studies.

List of illustrations

viii

List of contributors

Acknowledgements

PART I Overview

(66)

1 Introduction

(9)

PAUL DOWNWARD

2 Critical realism and economics

(15)

SHEILA C. DOW

3 Conceptualizing unemployment in a period of atypical employment: a critical realist approach

(24)

STEVE FLEETWOOD

4 Critical realism, methodology and applied economics

(16)

BERNARD WALTERS AND DAVID YOUNG

PART II Critical realism, formalism and empirical work: some conceptual issues

(128)

PART IIA On closure

(40)

5 Critical realism and formal modelling: incompatible bedfellows?

(18)

MARK SETTERFIELD

6 Seeking a role for empirical analysis in critical realist explanation

(20)

PAUL DOWNWARD, JOHN H. FINCH AND JOHN RAMSAY

PART IIB On econometric methods

109

(42)

7 Critical realism and econometrics: interaction between philosophy and Post Keynesian practice

111

(18)

PAUL DOWNWARD AND ANDREW MEARMAN

8 A pragmatic alliance between critical realism and simple non-parametric statistical techniques

129

(22)

JOHN H. FINCH AND ROBERT McMASTER

PART IIC Objects, data and theory

151

(44)

9 Triangulation, time and the social objects of econometrics

153

(17)

WENDY OLSEN

10 Theory foundation and the methodological foundations of Post Keynesian economics

170

(27)

FREDERIC S. LEE

PART III Critical realism in empirical analysis

195

(107)

11 Questionnaires in realist research: a case study of rural small-scale industry in Ghana

197

(23)

WENDY OLSEN, THANDIE M. HARA AND SAMPSON EDUSAH

12 Critical realism and applied work in economic history: some methodological implications

220

(13)

BRIAN PINKSTONE

13 Critical realism and the political economy of the Euro

233

(14)

PHILIP ARESTIS, ANDREW BROWN AND MALCOLM SAWYER

14 Presenting demi-regularities: the case of Post Keynesian pricing

247

(19)

PAUL DOWNWARD AND ANDREW MEARMAN

15 From predictive to indicative statistics: explaining corporate borrowing

266

(13)

MURRAY GLICKMAN

16 Transition in Eastern Europe: critical realism and qualitative insights

279

(14)

KARL PETRICK

17 Conclusion

293

(9)

PAUL DOWNWARD

Index

302

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Applied Economics and the Critical Realist Critique

Summary

Table of Contents

Supplemental Materials