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Recovering Tinbergen

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  • Morgan, Mary S.

Abstract

From the long viewpoint of history of economics, the two most important contributions that Jan Tinbergen made to economics are surely the development of the first macro-econometric model and a general theory of economic policy-making. This paper explores these two innovations to recover why they deserve such recognition, analyses their technical and conceptual depths, and shows how they relate to the economic history of the period and his personal history. In the process, it becomes clear that they are not separate innovations, but, as Tinbergen recognised, involved the same logic; and as we can recognise, were driven by the same ambition to make economics usable in the world.

Suggested Citation

  • Morgan, Mary S., 2019. "Recovering Tinbergen," LSE Research Online Documents on Economics 101409, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:101409
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    File URL: http://eprints.lse.ac.uk/101409/
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    References listed on IDEAS

    as
    1. Bruce A. Weinberg & David W. Galenson, 2019. "Creative Careers: The Life Cycles of Nobel Laureates in Economics," De Economist, Springer, vol. 167(3), pages 221-239, September.
    2. Bruce A. Weinberg & David W. Galenson, 2019. "Correction to: Creative Careers: The Life Cycles of Nobel Laureates in Economics," De Economist, Springer, vol. 167(3), pages 241-241, September.
    3. James J. Heckman, 2019. "The Race Between Demand and Supply: Tinbergen’s Pioneering Studies of Earnings Inequality," De Economist, Springer, vol. 167(3), pages 243-258, September.
    4. F. J. H. Don, 2019. "The Influence of Jan Tinbergen on Dutch Economic Policy," De Economist, Springer, vol. 167(3), pages 259-282, September.
    5. Hendry,David F. & Morgan,Mary S., 1997. "The Foundations of Econometric Analysis," Cambridge Books, Cambridge University Press, number 9780521588706, January.
    6. Morgan,Mary S., 2012. "The World in the Model," Cambridge Books, Cambridge University Press, number 9781107002975, January.
    7. Aart de Zeeuw, 2019. "Jan Tinbergen, from Mathematics to Poverty and Environment," De Economist, Springer, vol. 167(3), pages 297-305, September.
    8. Morgan,Mary S., 2012. "The World in the Model," Cambridge Books, Cambridge University Press, number 9780521176194, January.
    9. Hughes Hallett, Andrew J, 1989. "Econometrics and the Theory of Economic Policy: The Tinbergen-Theil Contributions 40 Years On," Oxford Economic Papers, Oxford University Press, vol. 41(1), pages 189-214, January.
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    More about this item

    Keywords

    history of econometrics; theory of policy; jan tinbergen;
    All these keywords.

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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