Recent Trends in Economic Methodology: A Literature Review

Luis Mireles-Flores

A chapter in Including a Symposium on Bruce Caldwell’sBeyond PositivismAfter 35 Years, 2018, vol. 36A, pp 93-126 from Emerald Group Publishing Limited

Abstract: This essay is a review of the recent literature on the methodology of economics, with a focus on three broad trends that have defined the core lines of research within the discipline during the last two decades. These trends are: (a) the philosophical analysis of economic modelling and economic explanation; (b) the epistemology of causal inference, evidence diversity and evidence-based policy and (c) the investigation of the methodological underpinnings and public policy implications of behavioural economics. The final output is inevitably not exhaustive, yet it aims at offering a fair taste of some of the most representative questions in the field on which many philosophers, methodologists and social scientists have recently been placing a great deal of intellectual effort. The topics and references compiled in this review should serve at least as safe introductions to some of the central research questions in the philosophy and methodology of economics.

Keywords: Modelling; explanation; causality; evidence; economic policy; behavioural economics (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:eme:rhetzz:s0743-41542018000036a008

DOI: 10.1108/S0743-41542018000036A008

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