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  1. Why do Spatiotemporally Restricted Regularities Explain in the Social Sciences?Alex Rosenberg - 2012 - British Journal for the Philosophy of Science 63 (1):1-26.
    Employing a well-known local regularity from macroeconomics, the Phillips curve, I examine Woodward’s ([2000], [2003]) account of the explanatory power of such historically restricted generalizations and the mathematical models with which they are sometimes associated. The article seeks to show that, pace Woodward, to be explanatory such generalizations need to be underwritten by more fundamental ones, and that rational choice theory would not avail in this case to provide the required underwriting. Examining how such explanatory restricted regularities are underwritten in (...)
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  • Idealizing Reduction: The Microfoundations of Macroeconomics. [REVIEW]Kevin D. Hoover - 2010 - Erkenntnis 73 (3):329 - 347.
    The dominant view among macroeconomists is that macroeconomics reduces to microeconomics, both in the sense that all macroeconomic phenomena arise out of microeconomic phenomena and in the sense that macroeconomic theory—to the extent that it is correct—can be derived from microeconomic theory. More than that, the dominant view believes that macroeconomics should in practice use the reduced microeconomic theory: this is the program of microfoundations for macroeconomics to which the vast majority of macroeconomists adhere. The "microfoundational" models that they actually (...)
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  • Experience and Nature.John Dewey - 1925 - Mind 34 (136):476-482.
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  • Is Macroeconomics for Real?Kevin D. Hoover - 1995 - The Monist 78 (3):235-257.
    Argues that ontological reduction of macroeconomics to microeconomics is untenable. Existence of macroeconomic aggregates; Microfoundations of macroeconomics; Examinations of the general price level; Limits of the scientific development of microeconomics.
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  • Some issues surrounding the reduction of macroeconomics to microeconomics.Alan Nelson - 1984 - Philosophy of Science 51 (4):573–594.
    This paper examines the relationship between modern theories of microeconomics and macroeconomics and, more generally, it evaluates the prospects of theoretically reducing macroeconomics to microeconomics. Many economists have shown strong interest in providing "microfoundations" for macroeconomics and much of their work is germane to the issue of theoretical reduction. Especially relevant is the work that has been done on what is called The Problem of Aggregation. On some accounts, The Problem of Aggregation just is the problem of reducing macroeconomics to (...)
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