lol economic what? I don't understand
Economics Job Market Rumors » General Job Market Discussion
Worst field to be candidate in?
(36 posts)-
Posted 1 year ago #
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(a) why is this relevant/important? and (b) how would I know if you were wrong?
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(a) I can easily answer this question
(b) what do you mean by that?Posted 1 year ago # -
"well, i definitely go by "applied theory," so I hope buying are buying what I'm selling."
A lot of these terms ("applied theory," "applied micro") do not have well-established meanings. I used to call myself "applied micro" because that is what people in my field call ourselves. When I moved to my current university I realized that to a theorist, "applied micro" can mean "applied theory". They would call what I do "empirical micro". The theorists make a distinction between "applied theory" and "theory".
So, you may call yourself "applied theory", but know that many people don't make much of a distinction between "applied theory" and not-applied-theory. :) My message above about how to best sell yourself is meant as much for applied as not-applied theory.
Posted 1 year ago # -
asking if it falsifiable
IE is there any data that can say your model is wrong
Posted 1 year ago # -
BTW not caring about falsifiability = theorist
Posted 1 year ago # -
"(b) what do you mean by that?"
"is there any data that can say your model is wrong"
This is a good way to phrase my question.
Posted 1 year ago # -
"BTW not caring about falsifiability = theorist"
Agree. There is nothing wrong with a model itself if the proof is correct. Whether it captures some empirical regularities is another issue.
Posted 1 year ago # -
If you were not Andy, you would not mind telling you are not. You are Andy and you dont like to lie.
Posted 1 year ago # -
If that's my defining trait, then I'm proud to be guilty as charged.
Posted 1 year ago # -
I think there is a BIG difference between theory and applied theory.
the question about "is there any data that can say your model is wrong" only applies to applied theory, as it is applied theory that tries to model features that have an empirical counterpart in the reality.
for a theorist that question is simply totally irrelevant, as theory only deals with the formalisation of economic concepts of general and methodological relevance, and not with the modelisation and rationalisation of empirical regularities.
Posted 1 year ago #