of reduction, summarizes the approach of general-to-specific modeling, and discusses the econometrics of model selection …This paper discusses the econometric methodology of general-to-specific modeling, in which the modeler simplifies an …, noting that general-to-specific modeling is the practical embodiment of reduction. This paper then summarizes fifty …

evaluating survey forecasts and modeling expectations. For both of these types of empirical exercises, results suggest that the …

dominant approaches to causality in econometrics, and suggest why they fail to give good results. We feel the problem cannot be …