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Professor Tinbergen’s Method

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  • J. M. Keynes

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.

Suggested Citation

  • J. M. Keynes, 2007. "Professor Tinbergen’s Method," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 4.
    • Handle: RePEc:nos:voprec:y:2007:id:1589
    DOI: 10.32609/0042-8736-2007-4-37-45
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