Causality and Objectivity in Macroeconomics (Routledge INEM Advances in Economic Methodology)

Cover
Half Title
Series Page
Title Page
Copyright Page
Dedication
Table of Contents
Preface
1 Introduction
	1.1 Preliminary Considerations
	1.2 The Agenda
	1.3 A Note on Interdisciplinarity and the Philosophical Methods Employed
Part I: Causality
	2 What is Macroeconomic Causality?
		2.1 Introduction
		2.2 Causal Modeling in Macroeconomics
		2.3 An Interventionist Account of Macroeconomic Causality
		2.4 Macroeconomic Causality as Privileged Parameterization
		2.5 The Potential Outcome Approach to Macroeconomic Causality
		2.6 An Adequate Account of Macroeconomic Causality
	3 The Ontology of Macroeconomic Aggregates
		3.1 Introduction
		3.2 Reduction, Supervenience, and Emergence
		3.3 The Canonical Macroeconomic DSGE Model
		3.4 Do Macroeconomic Aggregates Emerge?
		3.5 Causality and Manipulability
		3.6 Toward a Program of Empirical Microfoundations
	4 The In-Principle Inconclusiveness of Causal Evidence in Macroeconomics
		4.1 Introduction
		4.2 Randomized Controlled Trials
		4.3 A Natural Experiment in Macroeconomics
		4.4 The General Case
		4.5 The Hoover Test
		4.6 The AK Test
		4.7 Conclusion
	5 Causality and Probability
		5.1 Introduction
		5.2 Suppes on Genuine Causation
		5.3 Granger Causality
		5.4 Zellner on Causal Laws
		5.5 Causal Bayes Nets Theory
		5.6 Policy or Prediction?
		5.7 Common Effects and Common Causes
Part II: Objectivity
	6 Scientific Realism in Macroeconomics
		6.1 Introduction
		6.2 Newton or Kepler?
		6.3 Truth-to-Economy in the “Measurement without Theory” Debate
		6.4 Truth-to-Economy in Contemporary Macroeconomic Policy Analysis
		6.5 Scientific Realism in Macroeconomics: Given as a Problem
	7 The Role of Non-Scientific Values in Macroeconomics
		7.1 Introduction
		7.2 Structural Objectivity and Causal Modeling in Macroeconomics
		7.3 Longino on Values and Empirical Underdetermination
		7.4 Simply Walras or Non-Simply Marshall?
		7.5 Ideologies, Value Judgments, and Group Interests
	8 Macroeconomic Expertise
		8.1 Introduction
		8.2 Trained Judgment and Expertise in Economics
		8.3 Macroeconomic Expertise: How Does It Work?
		8.5 Expert Intuition and Scientific Objectivity
	9 Macroeconomics in a Democratic Society
		9.1 Introduction
		9.2 Popper on Scientific Objectivity and the Critical Method
		9.3 Myrdal on Scientific Objectivity and Inferences from Value Premises
		9.4 Kitcher on the Ideal of Well-Ordered Science
		9.5 Well-Ordered Macroeconomics
Index