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Jan Tinbergen's statistical contribution to economic policy
Author(s) -
Jolink Albert
Publication year - 2009
Publication title -
statistica neerlandica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.52
H-Index - 39
eISSN - 1467-9574
pISSN - 0039-0402
DOI - 10.1111/j.1467-9574.2009.00441.x
Subject(s) - apotheosis , argument (complex analysis) , character (mathematics) , positive economics , economics , set (abstract data type) , mathematical economics , neoclassical economics , epistemology , philosophy , mathematics , computer science , biochemistry , chemistry , geometry , theology , programming language
In this article I claim that the Nobel Prize in Economics has not only set the economics discipline on a path‐dependent trajectory, but is itself an apotheosis of a development of what I would like to refer to as ‘the statistical turn in economics’. The case of Jan Tinbergen illustrates the argument and sketches the stages within the statistical turn in economics. The Nobel Prize in 1969 acknowledged this character of economics, and justified the continuation of this approach for the generation to come.