Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction
| dc.contributor.author | Palacio Vera, Alfonso | |
| dc.contributor.author | Ayala García, Iván | |
| dc.date.accessioned | 2023-06-18T10:25:34Z | |
| dc.date.available | 2023-06-18T10:25:34Z | |
| dc.date.issued | 2015-11 | |
| dc.description.abstract | 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. | |
| dc.description.abstract | Repasamos el intento de Keynes de abordar el "problema de la inducción" en su Treatise on Probability y señalamos que la solución propuesta por Popper al mismo, conocido como la teoría popperiana del conocimiento y el aprendizaje es compatible con la adopción por parte de Keynes de una teoría convencionalista del conocimiento en su última etapa. También señalamos que la Teoría General y su artículo del año 1937 en el QJE pueden ser interpretados como un caso concreto de la versión `subjetivista´ del "Principio de Racionalidad" Popperiano, de acuerdo con el cual el comportamiento de los agentes económicos es adecuado al problema-situación tal y como el modelizador cree que los agentes perciben este último. De esta interpretación obtenemos una serie de resultados adicionales. | |
| dc.description.department | Decanato | |
| dc.description.faculty | Fac. de Ciencias Económicas y Empresariales | |
| dc.description.refereed | TRUE | |
| dc.description.status | unpub | |
| dc.eprint.id | https://eprints.ucm.es/id/eprint/34610 | |
| dc.identifier.issn | 2255-5471 | |
| dc.identifier.relatedurl | https://economicasyempresariales.ucm.es/working-papers-ccee | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14352/27536 | |
| dc.issue.number | 07 | |
| dc.language.iso | eng | |
| dc.page.total | 71 | |
| dc.relation.ispartofseries | Documentos de Trabajo de la Facultad de Ciencias Económicas y Empresariales | |
| dc.rights | Atribución-NoComercial 3.0 España | |
| dc.rights.accessRights | open access | |
| dc.rights.uri | https://creativecommons.org/licenses/by-nc/3.0/es/ | |
| dc.subject.jel | A12 | |
| dc.subject.jel | B41 | |
| dc.subject.jel | E03 | |
| dc.subject.jel | E12 | |
| dc.subject.keyword | Popper | |
| dc.subject.keyword | Keynes | |
| dc.subject.keyword | Rationality Principle | |
| dc.subject.keyword | Macro-models | |
| dc.subject.keyword | Induction. | |
| dc.subject.keyword | Principio de racionalidad | |
| dc.subject.keyword | Modelos macroeconómicos e inducción. | |
| dc.subject.ucm | Macroeconomía | |
| dc.subject.ucm | Teorías económicas | |
| dc.subject.unesco | 5307.14 Teoría Macroeconómica | |
| dc.subject.unesco | 5307 Teoría Económica | |
| dc.title | Keynes´s Approach to Macroeconomic Modelling: a Popperian Reconstruction | |
| dc.title.alternative | La modelización macroeconómica en el enfoque keynesiano: una reconstrucción popperiana | |
| dc.type | technical report | |
| dc.volume.number | 2015 | |
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