Lawrence R. Klein and the Making of Large-Scale Macroeconometric Modeling, 1938-55
Bibliographic Data
| ID | 4297205 |
|---|---|
| Authors | Erich Pinzón-Fuchs (0000-0002-3912-9907, corresponding author) |
| Year | 2019 |
| Volume | 51 |
| Issue | 3 |
| Pages | 401-423 |
| Publication date | 2019-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | History of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0018-2702 • E-ISSN: 1527-1919 |
| Publisher | Duke University Press (PUBLISHER • US) |
| DOI | 10.1215/00182702-7551840 |
| OpenAlex | W3023590500 |
| Language | EN |
| Citations received | 5 |
| References cited | 28 |
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 of Klein’s importance in the creation and further development of macroeconometric modeling. Toward this aim, I focus on Klein’s early trajectory as a student of economics and an economist, and particularly examine the extent to which the people and institutions that Klein encountered helped him shape his own image of economics, his identity as an economist, and a new scientific practice in the United States. I describe Klein’s contribution as a new way of producing scientific knowledge that consisted in the construction and use of complex tools (macro-econometric models) within specific institutional configurations (econometric laboratories) used for explicit policy and scientific objectives in which the well-defined roles of experts (arranged in scientific teams) were embodied within a new scientific practice (macroeconometric modeling
Cartography · Econometric model · Econometrics · Economics · Epistemology · Geography · Identity (music · Macro · Political science · Scale (ratio · Scientific modelling · Sociology · Computer Science · Economic Theory and Institutions · Philosophy · Philosophy and History of Science
The Probability Approach in Econometrics
The Statistical Implications of a System of Simultaneous Equations
Measurement Without Theory
Statistical Testing of Business-Cycle Theories
An Econometric Model of the United States, 1929-1952
Mathematical Introduction to Economics
Theories of Effective Demand and Employment
An Econometric Model of the United States, 1929-1952
The Transformation of U.S. Economics, 1920–1960, Viewed through a Survey of Journal Articles
The Early Years of the MIT PhD Program in Industrial Economics
Making Things Technical
Paul A. Samuelson's Move to MIT
Mit's Openness to Jewish Economists
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,83 |
| Citation span | 2020 - 2025 (6) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |