Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction

We review Keynes´s attempt to deal with the `problem of induction´ since his Treatise on Probability and then argue that Popper´s `solution´ to the former, known as Popper´s evolutionary of knowledge and learning, is compatible with Keynes´s adoption of a conventional theory of knowledge in his late...

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Detalhes bibliográficos
Autores: Palacio Vera, Alfonso, Ayala García, Iván
Formato: informe técnico
Fecha de publicación:2015
País:España
Recursos:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/27536
Acesso em linha:https://hdl.handle.net/20.500.14352/27536
Access Level:acceso abierto
Palavra-chave:A12
B41
E03
E12
Popper
Keynes
Rationality Principle
Macro-models
Induction
Principio de racionalidad
Modelos macroeconómicos e inducción
Macroeconomía
Teorías económicas
5307.14 Teoría Macroeconómica
5307 Teoría Económica
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spelling Keynes´s Approach to Macroeconomic Modelling: a Popperian ReconstructionLa modelización macroeconómica en el enfoque keynesiano: una reconstrucción popperianaPalacio Vera, AlfonsoAyala García, IvánA12B41E03E12PopperKeynesRationality PrincipleMacro-modelsInductionPrincipio de racionalidadModelos macroeconómicos e inducciónMacroeconomíaTeorías económicas5307.14 Teoría Macroeconómica5307 Teoría EconómicaWe review Keynes´s attempt to deal with the `problem of induction´ since his Treatise on Probability and then argue that Popper´s `solution´ to the former, known as Popper´s evolutionary of knowledge and learning, is compatible with Keynes´s adoption of a conventional theory of knowledge in his later economic writings. We also argue that Keynes´s macro-theory as it appears in both his General Theory and his 1937 QJE paper can be (re)interpreted as an instance of a reformulated version of the `subjectivist´ version of Popper´s `Rationality Principle´ (RPs) according to which agents´ behaviour is appropriate or adequate to the problem-situation as the theorist believes that agents believe the former is. A number of further results follow from the previous arguments.Universidad Complutense de Madrid20152015-01-0120152015-01-01technical reporthttp://purl.org/coar/resource_type/c_18ghinfo:eu-repo/semantics/reportapplication/pdfhttps://hdl.handle.net/20.500.14352/27536reponame:Docta Complutenseinstname:Universidad Complutense de Madrid (UCM)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Atribución-NoComercial 3.0 Españahttps://creativecommons.org/licenses/by-nc/3.0/es/info:eu-repo/semantics/openAccessoai:docta.ucm.es:20.500.14352/275362026-06-02T12:44:21Z
dc.title.none.fl_str_mv Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
La modelización macroeconómica en el enfoque keynesiano: una reconstrucción popperiana
title Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
spellingShingle Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
Palacio Vera, Alfonso
A12
B41
E03
E12
Popper
Keynes
Rationality Principle
Macro-models
Induction
Principio de racionalidad
Modelos macroeconómicos e inducción
Macroeconomía
Teorías económicas
5307.14 Teoría Macroeconómica
5307 Teoría Económica
title_short Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
title_full Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
title_fullStr Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
title_full_unstemmed Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
title_sort Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
dc.creator.none.fl_str_mv Palacio Vera, Alfonso
Ayala García, Iván
author Palacio Vera, Alfonso
author_facet Palacio Vera, Alfonso
Ayala García, Iván
author_role author
author2 Ayala García, Iván
author2_role author
dc.contributor.none.fl_str_mv Universidad Complutense de Madrid
dc.subject.none.fl_str_mv A12
B41
E03
E12
Popper
Keynes
Rationality Principle
Macro-models
Induction
Principio de racionalidad
Modelos macroeconómicos e inducción
Macroeconomía
Teorías económicas
5307.14 Teoría Macroeconómica
5307 Teoría Económica
topic A12
B41
E03
E12
Popper
Keynes
Rationality Principle
Macro-models
Induction
Principio de racionalidad
Modelos macroeconómicos e inducción
Macroeconomía
Teorías económicas
5307.14 Teoría Macroeconómica
5307 Teoría Económica
description We review Keynes´s attempt to deal with the `problem of induction´ since his Treatise on Probability and then argue that Popper´s `solution´ to the former, known as Popper´s evolutionary of knowledge and learning, is compatible with Keynes´s adoption of a conventional theory of knowledge in his later economic writings. We also argue that Keynes´s macro-theory as it appears in both his General Theory and his 1937 QJE paper can be (re)interpreted as an instance of a reformulated version of the `subjectivist´ version of Popper´s `Rationality Principle´ (RPs) according to which agents´ behaviour is appropriate or adequate to the problem-situation as the theorist believes that agents believe the former is. A number of further results follow from the previous arguments.
publishDate 2015
dc.date.none.fl_str_mv 2015
2015-01-01
2015
2015-01-01
dc.type.none.fl_str_mv technical report
http://purl.org/coar/resource_type/c_18gh
dc.type.openaire.fl_str_mv info:eu-repo/semantics/report
format report
dc.identifier.none.fl_str_mv https://hdl.handle.net/20.500.14352/27536
url https://hdl.handle.net/20.500.14352/27536
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Atribución-NoComercial 3.0 España
https://creativecommons.org/licenses/by-nc/3.0/es/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Atribución-NoComercial 3.0 España
https://creativecommons.org/licenses/by-nc/3.0/es/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Docta Complutense
instname:Universidad Complutense de Madrid (UCM)
instname_str Universidad Complutense de Madrid (UCM)
reponame_str Docta Complutense
collection Docta Complutense
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,811543

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