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Can Econometric Models Provide a Laboratory Setting for Economic Analysis?

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Published : December 07th, 2023
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Category : Editorials
24hGold - Can Econometric Mode...

Econometric models are constructed with the idea that they can be substituted for authentic human action. Not surprisingly, they fail badly.

Original Article: Can Econometric Models Provide a Laboratory Setting for Economic Analysis?

Source : mises.org
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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.
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