Metaphors and truth

 

Econometric models are metaphors providing different windows on a complex and bewildering reality
~Pesaran (1988)

"Truth" is really nothing more than a "correspondence" with the facts, and an important role for the econometrics is to articulate what constitutes a satisfactory degree of correspondence
~Poirier (1988)

source: Kennedy (1992)

Tags:

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.