In search of Verae Causae: The Keynes-Tinbergen debate revisited

Albert Jolink

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

A popular subject in discussion on Keynes and statistical inference is the Keynes-Tinbergen debate, which appeared in The Economic Journal in the late 1930s and early 1940s. The subject re-emerged in the literature in the second half of the 1970s and continued into the 1990s. The Keynes-Tinbergen debate is considered to be the starting point of a discussion on a host of technical econometric pitfalls and methodological difficulties attached to the statistical testing of economic theory. Although the discussion has focussed on the question to which degree the debate has had bearings on the further development of econometrics and applied economics, this paper highlights the issue of causal explanation in business cycle theory. The implications of the Keynes-Tinbergen debate may be extended to a discussion on the theoretical claims of originality.

Original languageEnglish
Pages (from-to)1-17
Number of pages17
JournalEconomist
Volume148
Issue number1
DOIs
Publication statusPublished - 2000

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John Maynard Keynes
Econometrics
Applied economics
Statistical testing
Economic theory
Statistical inference
Economic journals
Business cycle theory

Keywords

  • (History of) Econometrics
  • Keynes
  • Statistical inference
  • Tinbergen

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

In search of Verae Causae : The Keynes-Tinbergen debate revisited. / Jolink, Albert.

In: Economist, Vol. 148, No. 1, 2000, p. 1-17.

Research output: Contribution to journalArticle

Jolink, Albert. / In search of Verae Causae : The Keynes-Tinbergen debate revisited. In: Economist. 2000 ; Vol. 148, No. 1. pp. 1-17.
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