Ekonomi TEK

Yazarlar: Ercan UYGUR

Konular:İktisat

Anahtar Kelimeler:“Mathiness”,Keynes,Statistics and probability,Index numbers and quantity of money,Mathematics in economics,Econometric methods,National income accounts,Nominal multiplier effect

Özet: In a paper and some “blog” essays in 2015, Paul Romer expressed the inappropriate use of mathematics in economics with the term “mathiness” and started a debate. Although John Maynard Keynes was closely and more widely involved in this issue, there was no reference to him in this debate. What were the views of Keynes on the use of statistics, national-income accounts, mathematics and econometrics in economics? How can we evaluate his approach to this matter? The first aim of this paper is to try to answer these and similar questions. The second aim is to look into Keynes’s contributions to--and his influence on--the use in economics of probability, index numbers and statistics in general; national-income accounts and other economic statistics; econometrics; and institutions related to economics and statistics. A third aim is to explain and evaluate the debates over (i) the quantity of money and Carli and Jevons price indices, and (ii) whether fiscal multiplier effects are nominal or real.

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