Notes on the Historical Approach as a Methodology of Macroeconomics: A Critique to Contemporary Macroeconomics

IDEC DP2 Series 9 巻 3 号 1-23 頁 2020-03 発行
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タイトル ( eng )
Notes on the Historical Approach as a Methodology of Macroeconomics: A Critique to Contemporary Macroeconomics
作成者
収録物名
IDEC DP2 Series
9
3
開始ページ 1
終了ページ 23
抄録
This paper proposes a path for macroeconomic analysis as an alternative to orthodox analysis because the latter cannot successfully describe the reality of an economic society with the following essential features: 1) the structure of the macroeconomy is basically a system open to the outside; 2) variables within the system are frequently affected by factors outside the system; 3) variables are constantly being influenced by newly emerging factors; 4) the subject of analysis is an aggregate rather than individuals; 5) people usually behave by considering the situation and changing their initial plans; 6) interdependency and feedback form the basic structure; and 7) people do not always behave rationally, and they tend to have some bias in their cognition. If economic society presents all these inevitable features, historical analysis as an evolutionary perspective might be an alternative method for economists.
著者キーワード
Macroeconomic Analysis
Positive Economic Study
Historical Analysis
Evolutionary Theory
Economic Developments
JEL: B22
JEL: B41
JEL: B52
JEL: N01
言語
英語
資源タイプ 紀要論文
出版者
広島大学大学院国際協力研究科
発行日 2020-03
出版タイプ Version of Record(出版社版。早期公開を含む)
アクセス権 オープンアクセス