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Aggregate structural macroeconomic analysis: a reconsideration and defence.
- Source :
- Cambridge Journal of Economics; Jul2014, Vol. 38 Issue 4, p797-815, 19p
- Publication Year :
- 2014
-
Abstract
- Aggregate structural macroeconomic analysis (ASMA) is frequently criticised for being ad hoc and justified (if at all) only as a pragmatic expedient. This paper argues instead that ASMA is consistent with the principles of well-established bodies of social theory. Appeal to these principles reveals that ASMA is adequate and likely even necessary for the successful prosecution of macroeconomic inquiry. [ABSTRACT FROM PUBLISHER]
Details
- Language :
- English
- ISSN :
- 0309166X
- Volume :
- 38
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Cambridge Journal of Economics
- Publication Type :
- Academic Journal
- Accession number :
- 96949252
- Full Text :
- https://doi.org/10.1093/cje/bet071