Re: Son of unit roots -Reply -Reply

[LAURA EBERT <EBERT@xxxxxxxxxxxxx>]

>>>>>>>>>>>>>>>
> Dear JMC.
>  > I don't know but I think that you are expecting a response about
> certain factor variables not only included in, but certainly those
> that entirely compose, the extent of "knowledge" that is exchanged
on
> these here channels - more or less that pertains to your inquiry
> about the econometric acceptability/feasibility/usabilty that
certain
> of monterist/money&banking sort of variables have to make.  But, I
do
> have a great suspectivness about your subject of general enquiry.
It
> seems I have a problem in general with such abstract subjects as
> "money and banking" so to speak, just because it in itself might
not
> be the provacative issue, rather its expediency in questioning the
> rigor of, hang on to your hats, the micro foudations of macro. I
> admire greatly moneteriest/money and banking groupies way of honing
> in on the quite conspicuous problematic of how micro foundations do
> not fit in within any context or attempts to understand
distributive
> problems-  neoclassicl stuff is unable to grasp and understand the
> full complexity of the problems involeved - my question is why do
all
> you post-keynsians insist on honing in on noe-classical solutions
to
> problems that arose due immeditely to the acceptance of certain
> neo-classical errors - I think one has to get ones micro
foundations
> correct - and than one will be in a better position to address
> realistic problems with realistic answers.
>  > By the way, what's it like living in Hong Kong?   >  > laura
ebert
> New School for Social Research
> Civilization
> NYC, NY
> USA
>

With all due respect, what does your diatribe have to do with the
questions posed by JMC on unit roots????

Lonnie K. Stevans





<<<<<<<<<<<<<<<

Dear L.,

I wondered that myself after rereading "unit roots" mail, but was
quickly able to justify it on the basis that my "diatribe" was
addressing the more abstract, fundamental question of methological
appropriateness, that is, the tools used for any analysis work to
"mold" both "inside" and "outside" the final results... I guess poor
S.O.R. in H.K. probably wouldn't be too concerned... but I am.

Laura