Re: PK and Econometrics

[Andrew Mearman <ajmearman@xxxxxxxxx>]

I should recommend to you a recent book by Paul
Downward of Staffordshire UNiversity entitled:
Pricing Theory in Post Keynesian Economics, Edward
Elgar, 1999.  This is, in my view, the best example of
some recent work on how to do econometrics whilst
still being able to call oneself realist.

Regards

Andrew.

--- Jochen.Hartwig@xxxxxxxx wrote:
> Tony Lawson (The Nature of Post Keynesianism and its
> links to other traditions.
> a realist perspective, in: JPKE 16, No. 4 (1994))
> claims that Post Keynesians
> are united by a "transcendental realist,
> antipositivist, conception  of the
> social realm" which is - from his point of view -
> incompatible with econometric
> methods, i.e. "methods that in effect presuppose
> atomism and closure ... to a
> world or environment that is essentially organic/
> holistic and open" (p. 527).
> My questions: Must we dismiss econometrics? Can
> anyone recommend Post Keynesian
> books/papers which hold an opposite view?
> Kind regards
>
> Jochen Hartwig
> University of St. Gallen
> Switzerland
>
>
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