Professor Tinbergen’s Method

J. M. Keynes

Voprosy Ekonomiki, 2007, issue 4

Abstract: The article written by the classic of economic science in 1939, which is published in Russian for the first time, contains a critique of the application of econometric methods in economics. The object of criticism is one of the first large-scale econometric studies - the book by J. Tinbergen on business cycles. Keynes points at the arbitrariness of many econometric judgments, at the problems of causality and forecast in econometrics. He also mentions that a lot of economic problems cannot be analyzed by means of econometric technique.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2007:id:1589

DOI: 10.32609/0042-8736-2007-4-37-45

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