search query: @author Phillips, P. C. B. / total: 7
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| Author: | Phillips, P. C. B. |
| Title: | Laws and limits of econometrics |
| Journal: | Economic Journal
2003 : MAR, VOL. 113:486, p. C26-C52 |
| Index terms: | Econometrics Sociology |
| Language: | eng |
| Abstract: | The authors discuss general weaknesses and limitations of the econometric approach. A template from sociology is used to formulate six laws that characterise mainstream activities of econometrics and their scientific limits. The magnitude of the bound depends on the characterisitcs of the model and trajectory of the data. |
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