How Long to Read Causality and Objectivity in Macroeconomics

By Tobias Henschen

How Long Does it Take to Read Causality and Objectivity in Macroeconomics?

It takes the average reader 3 hours and 46 minutes to read Causality and Objectivity in Macroeconomics by Tobias Henschen

Assuming a reading speed of 250 words per minute. Learn more

Description

Central banks and other policymaking institutions use causal hypotheses to justify macroeconomic policy decisions to the public and public institutions. These hypotheses say that changes in one macroeconomic aggregate (e.g. aggregate demand) cause changes in other macroeconomic aggregates (e.g. in inflation). An important (perhaps the most important) goal of macroeconomists is to provide conclusive evidence in support of these hypotheses. If they cannot provide any conclusive evidence, then policymaking institutions will be unable to use causal hypotheses to justify policy decisions, and then the scientific objectivity of macroeconomic policy analysis will be questionable. The book analyzes the accounts of causality that have been or can be proposed to capture the type of causality that underlies macroeconomic policy analysis, the empirical methods of causal inference that contemporary macroeconomists have at their disposal, and the conceptions of scientific objectivity that traditionally play a role in economics. The book argues that contemporary macroeconomists cannot provide any conclusive evidence in support of causal hypotheses, and that macroeconomic policy analysis doesn’t qualify as scientifically objective in any of the traditional meanings. The book also considers a number of steps that might have to be taken in order for macroeconomic policy analysis to become more objective. The book addresses philosophers of science and economics as well as (macro-) economists, econometricians and statisticians who are interested in causality and macro-econometric methods of causal inference and their wider philosophical and social context.

How long is Causality and Objectivity in Macroeconomics?

Causality and Objectivity in Macroeconomics by Tobias Henschen is 219 pages long, and a total of 56,721 words.

This makes it 74% the length of the average book. It also has 69% more words than the average book.

How Long Does it Take to Read Causality and Objectivity in Macroeconomics Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 9 minutes to read Causality and Objectivity in Macroeconomics aloud.

What Reading Level is Causality and Objectivity in Macroeconomics?

Causality and Objectivity in Macroeconomics is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Causality and Objectivity in Macroeconomics?

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