I am primarily interested in papers that use Austrian economic theory combined with econometric analysis.
On what topics? Usually the best way to get papers on specific topics is to email Austrian economists, like Dr Block or Boettke, or Garrison. Dr Block has mentioned before that he would like to see more empirical studies carried out by Austrians in addition to praxeological theorizing, so he might be the person to ask.
Any topics. Currently, I am not picky. I would like to read some journal articles that fuse Austrain ideaology with econometrics. Who are Dr. Block and Garrison? I like hypothesis built off of sound economic theory that have testable implications. I like empirics.
Any topics. Currently, I am not picky. I would like to read some journal articles that fuse Austrain ideaology with econometrics. Who are Dr. Block and Garrison?
I like hypothesis built off of sound economic theory that have testable implications. I like empirics.
I think you'll have a hard time finding such a paper. You may do better at first seeking Austrian and Chicago arguments that agree, and then seeing if their synthesis still makes sense. You can find Dr. Block, Boettke, and Garrison on the Mises Faculty page: http://www.mises.org/faculty.aspx
I would reiterate that it's a good idea to ask the economists I referred to, but here are some works I can come up with now:
Austrian economics and Game theory
Keynes and Mises on Probability
Foundations in Economic Methodologies: The Use of mathematics by mainstream economics and its methodology by Austrian economists
Misesian Ownership and Coasian Authority in Hayekian Settings
Coase vs Hayek: Economic Organization and the Knowledge Economy
Modern Applications of Austrian ThoughtNow, praxeological theorems are only falsifiable on the logical level, and contain few subsidiary empirical assumptions - they are after all necessary to even begin interpreting econometric data. Austrians do nonetheless carry out empirical and even econometric work (some of which I listed on the reading list), mainly to use theory to explain their findings. The first works I listed deal with the theoretical commensurability of certain neoclassical methodological tools with praxeology; some Austrians argue that game theory and mathematics are in principle compatible with praxeology. The last work is I think what you're looking for, and if so then what you mean are empirical studies, of which you will find quite a few on Block's site and in other Austrian works. Again, contacting Block or Boettke would be a good idea.
I was not asking for rejection for refutations.
I want empirics .
IDigSluts_ky: I was not asking for rejection for refutations. I want empirics .
Can we slow down a minute? First, I'm a bit confused by someone looking for any papers who thinks it makes sense to broadcast, as his initial introduction and first impression on a community of scholars, that he "digs sluts." Second, the reason people are having trouble giving you what you want (which you didn't ask for with a "please," by the way) is, I think, that no one is clear on what you are looking for. You say you want a paper on any topic that contains Austrian analysis and empirical data. Once, many many years ago, I went to a local Mexican restaurant with my younger sister. The waiter came to ask what we'd like, and she responding, quite sensibly "Mexican food." As sensible a request as this was, it would not, by itself, have resulted in the waiter bringing her anything, she had to narrow down her request. Likewise, such an insanely broad request is likely to be met with shrugs by people who have other things going on in their lives, and aren't interested in presenting you with papers, only to have you reply "that isn't what I was looking for - try again." Here's a question I have to try to narrow down your request - are you talking about thymological papers, that is, papers dealing with analysis of actual historical events by placing them in the context of an Austrian analysis? Murray Rothbard has a book on the Great Depression which would fit that description, as would his economic history of the US.
I am looking to econometrically test the ABCT. It is for a grad paper. I am open to insights or colleberation.
Inquisitor,
I am sorry for coming off as snappy. I thank you for your links.
Check the reading list. It has two papers that do this, one of which you need subscription access to. They might help. Roger Garrison might also be a good source of information should you contact him. It'd also be a good idea to read Dr Hulsmann's paper on business cycles before going forward, because he revises the ABCT quite a bit.
No offence was taken, BTW.
Inquisitor:An empirical investigation of the ABCT
This is a good paper. Whether you argee with Mulligan or not, he does a nice job of incorporating theory with empirics. Any serious student of economics should learn how to do this.
JAlanKatz: First, I'm a bit confused by someone looking for any papers who thinks it makes sense to broadcast, as his initial introduction and first impression on a community of scholars, that he "digs sluts."
It is a play on words. My aim was to be witty, not perverted.Eugen Slutsky was a Russian/Ukranian economist. Every first year grad student learns the Slutsky equation: the relationship between the income and substition effect. Or the relationship between the Marshallian demand and Hicksian demand.
http://www.economyprofessor.com/theorists/eugenslutsky.php
Try QJAE and RAE, there is smoething. I remember some paper by Mulligan but there are others. There are also the papers of Veddar and Galloway.
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