PKT
mailing list archive
[ Other Periods  | Other mailing lists  | Search  ]
Date:  [ Previous  | Next  ]      Thread:  [ Previous  | Next  ]      Index:  [ Author  | Date  | Thread  ]

Re: Method

Method and defining and analysing an economic problem can be interrelated. Take for example the issue of macroeconomic closures. Different theories reflecting different methods allow for alternartive closures of models with different and opposite consequences for economic policy. See L Taylor's (1991) discussion of closures in a one sector model (p.41-43). Same for Gap models.

―---------------------------------------------------------------------
>>> "Harry L. Cook" <hlc710@xxxxxxxxxxx> 08/27/02 12:47pm >>>
Am I incorrect that PKT is exclusively about method and never beyond that to defining the economic problem and analyzing it?
                                Harry L. Cook
[ Other Periods  | Other mailing lists  | Search  ]