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Econometrics as observation: the Lucas critique and the nature of econometric inference

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  • Kevin Hoover

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  • Kevin Hoover, 1994. "Econometrics as observation: the Lucas critique and the nature of econometric inference," Journal of Economic Methodology, Taylor & Francis Journals, vol. 1(1), pages 65-80.
    • Handle: RePEc:taf:jecmet:v:1:y:1994:i:1:p:65-80
    DOI: 10.1080/13501789400000006
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    References listed on IDEAS

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    1. Sargent, Thomas J, 1976. "The Observational Equivalence of Natural and Unnatural Rate Theories of Macroeconomics," Journal of Political Economy, University of Chicago Press, vol. 84(3), pages 631-640, June.
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    Cited by:

    1. Giorgio Fagiolo & Paul Windrum & Alessio Moneta, 2006. "Empirical Validation of Agent Based Models: A Critical Survey," LEM Papers Series 2006/14, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    2. Kevin D. Hoover, "undated". "Econometrics And Reality," Department of Economics 97-28, California Davis - Department of Economics.
    3. Kevin Hoover & Mark Siegler, 2008. "Sound and fury: McCloskey and significance testing in economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 15(1), pages 1-37.
    4. Katherine Moos, 2016. "The Transvaluation of the Theory of Economic Policy: The Lucas Critique Reconsidered," Working Papers 1603, New School for Social Research, Department of Economics.
    5. Stanley, T. D., 2000. "An empirical critique of the Lucas critique," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 29(1), pages 91-107.
    6. Kevin Hoover & Katarina Juselius, 2012. "Experiments, Passive Observation and Scenario Analysis: Trygve Haavelmo and the Cointegrated Vector Autoregression," Discussion Papers 12-16, University of Copenhagen. Department of Economics.
    7. Muellbauer, John, 2018. "The Future of Macroeconomics," INET Oxford Working Papers 2018-10, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.

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