Erich Pinzón-Fuchs
Biographic Data
| ID | 1600434 |
|---|---|
| NAME | Erich Pinzón-Fuchs |
| GIVEN NAMES | Erich |
| FAMILY NAME | Pinzón-Fuchs |
| SIGNATURE | PINZÓN-FUCHS E |
| AFFILIATIONS | Universidad de los Andes |
| ORCID | 0000-0002-3912-9907 |
| VERIFIED | Yes |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 7 |
| AUTHOR COUNT | 7 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2019 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 2 |
Reconciling Keynes and Tinbergen: Klein and His View on Econometrics as a Practical Tool for Policy Formulation
In 1944, just five years after the controversy between John Maynard Keynes and Jan Tinbergen, Lawrence R. Klein found himself in a unique position. As a leading expert on Keynesian economics in the United States, Klein was recruited at the Cowles Commission to rebuild Tinbergen’s macro-econometric model of the US economy. This paper explores Klein’s macro-econometric approach as a serious attempt to reconcile Tinbergen’s work with Keynes’s critic…
Friedman, Becker y Klein y las ilusiones estadísticas: Desarrollando criterios para juzgar el desempeño de los modelos macro-econométricos de gran escala
En febrero de 1957, Milton Friedman y Gary Becker (1957) acusaron a los modelizadores keynesianos de caer en una ilusión estadística basada en la inadecuada utilización de la función de consumo en sus modelos y su inhabilidad de producir predicciones acertadas del nivel futuro de ingreso. Sin embargo, a pesar de sus críticas, Friedman y Becker (1957) inconscientemente terminaron contribuyendo de forma importante a la modelización macroeconométric…
Understanding the Effects of Journal Impact Factors on the Publishing Behavior of Historians of Economics
Through a survey, conducted in early 2019, we try to assess the consequences of impact factors on the scholarly practices of the community of historians of economics and economic thought. This first systematic glance on the possible impact of these metrics on the scholarly community shows that they are considered as a limited source of information about the quality and originality of articles but they show the centrality and visibility of a journ…
Keep Calm and Cite Better: Impact Factor Pressures and Review Articles in the History of Economics
Clarivate Analytics’ suppression of the Journal Impact Factor (JIF) for three history of economics journals in 2018 resulted from the publication of a single review article solicited for History of Economic Ideas (HEI). That episode highlights several connections between JIF pressures on authors and editors, on the practice of writing review articles, and on the field of history of economics. We examine the different roles and proliferation of re…
Peddling Macroeconometric Modeling and Quantitative Policy Analysis: The Early Years of the SSRC’s Committee on Economic Stability, 1959-1963
Using the Social Science Research Council’s records, we discuss the two projects that the Committee on Economic Stability carried out during its first three years of existence: (i) the construction of a macroeconometric model (1960-1963) and (ii) the organization of a conference on quantitative policy analysis (1963). In line with the central theme of this special issue, we focus on the effect of the Committee’s activities on public economic disc…
Lawrence R. Klein and the Making of Large-Scale Macroeconometric Modeling, 1938-55
Lawrence R. Klein was one of the most important figures in the collective development of macroeconometric modeling, a novel scientific practice that dominated macroeconomics throughout the first decades of the second half of the twentieth century. Understanding how Klein developed his identity as a macroeconometrician and how he forged a new scientific practice of macroeconometric modeling during 1938–55 is essential for drawing a clear picture o…
Reacting to the Lucas Critique
In 1976, Robert Lucas explicitly criticized Keynesian macroeconometric models for their inability to correctly predict the effects of alternative economic policies. Today, most contemporary macroeconomists and some historians of economics consider that Lucas's critique led forcefully to an immediate disqualification of the Keynesian macroeconometric approach. This narrative is based on the interpretation of the Lucas critique as a fundamental pri…
Lawrence R. Klein and the Making of Large-Scale Macroeconometric Modeling, 1938-55
Lawrence R. Klein was one of the most important figures in the collective development of macroeconometric modeling, a novel scientific practice that dominated macroeconomics throughout the first decades of the second half of the twentieth century. Understanding how Klein developed his identity as a macroeconometrician and how he forged a new scientific practice of macroeconometric modeling during 1938–55 is essential for drawing a clear picture o…
Reacting to the Lucas Critique
In 1976, Robert Lucas explicitly criticized Keynesian macroeconometric models for their inability to correctly predict the effects of alternative economic policies. Today, most contemporary macroeconomists and some historians of economics consider that Lucas's critique led forcefully to an immediate disqualification of the Keynesian macroeconometric approach. This narrative is based on the interpretation of the Lucas critique as a fundamental pri…
Peddling Macroeconometric Modeling and Quantitative Policy Analysis: The Early Years of the SSRC’s Committee on Economic Stability, 1959-1963
Using the Social Science Research Council’s records, we discuss the two projects that the Committee on Economic Stability carried out during its first three years of existence: (i) the construction of a macroeconometric model (1960-1963) and (ii) the organization of a conference on quantitative policy analysis (1963). In line with the central theme of this special issue, we focus on the effect of the Committee’s activities on public economic disc…
Lawrence R. Klein and the Making of Large-Scale Macroeconometric Modeling, 1938-55
Lawrence R. Klein was one of the most important figures in the collective development of macroeconometric modeling, a novel scientific practice that dominated macroeconomics throughout the first decades of the second half of the twentieth century. Understanding how Klein developed his identity as a macroeconometrician and how he forged a new scientific practice of macroeconometric modeling during 1938–55 is essential for drawing a clear picture o…
Reacting to the Lucas Critique
In 1976, Robert Lucas explicitly criticized Keynesian macroeconometric models for their inability to correctly predict the effects of alternative economic policies. Today, most contemporary macroeconomists and some historians of economics consider that Lucas's critique led forcefully to an immediate disqualification of the Keynesian macroeconometric approach. This narrative is based on the interpretation of the Lucas critique as a fundamental pri…
Understanding the Effects of Journal Impact Factors on the Publishing Behavior of Historians of Economics
Through a survey, conducted in early 2019, we try to assess the consequences of impact factors on the scholarly practices of the community of historians of economics and economic thought. This first systematic glance on the possible impact of these metrics on the scholarly community shows that they are considered as a limited source of information about the quality and originality of articles but they show the centrality and visibility of a journ…
Keep Calm and Cite Better: Impact Factor Pressures and Review Articles in the History of Economics
Clarivate Analytics’ suppression of the Journal Impact Factor (JIF) for three history of economics journals in 2018 resulted from the publication of a single review article solicited for History of Economic Ideas (HEI). That episode highlights several connections between JIF pressures on authors and editors, on the practice of writing review articles, and on the field of history of economics. We examine the different roles and proliferation of re…
Friedman, Becker y Klein y las ilusiones estadísticas: Desarrollando criterios para juzgar el desempeño de los modelos macro-econométricos de gran escala
En febrero de 1957, Milton Friedman y Gary Becker (1957) acusaron a los modelizadores keynesianos de caer en una ilusión estadística basada en la inadecuada utilización de la función de consumo en sus modelos y su inhabilidad de producir predicciones acertadas del nivel futuro de ingreso. Sin embargo, a pesar de sus críticas, Friedman y Becker (1957) inconscientemente terminaron contribuyendo de forma importante a la modelización macroeconométric…
Reconciling Keynes and Tinbergen: Klein and His View on Econometrics as a Practical Tool for Policy Formulation
In 1944, just five years after the controversy between John Maynard Keynes and Jan Tinbergen, Lawrence R. Klein found himself in a unique position. As a leading expert on Keynesian economics in the United States, Klein was recruited at the Cowles Commission to rebuild Tinbergen’s macro-econometric model of the US economy. This paper explores Klein’s macro-econometric approach as a serious attempt to reconcile Tinbergen’s work with Keynes’s critic…
Economic Theory and Institutions (6 works) · Economics (5 works) · Political science (5 works) · Computer Science (4 works) · Law (4 works) · Law (4 works) · Philosophy (4 works) · Philosophy (4 works) · Sociology (4 works) · Economic Theory and Policy (3 works)