Summer School
Call for Applications
(Deadline: February 15, 2025)
23rd univie: summer school Scientific World Conceptions (USS-SWC)
The History and Epistemology of Econometrics
Vienna, July 7-11, 2025
https://summerschool-ivc.univie.ac.at/
Course Description
Models and their econometric estimation play an increasingly important role
in modern economic and political life. From macroeconomic policy and
financial regulation to public health and climate policy, models contribute
to shaping policies. The generation of ever more data is likely to support
the proliferation of models and econometrics. Research resources in academia
focus on the theoretical foundations of the underlying model and on the
statistical methods of econometrics; much less attention is devoted to the
epistemological challenges of the underlying concepts, the normative
challenges of the everyday work with econometrics, and the application of
its results in policy decisions and evaluation.
The objective of this program is to increase attention amongst philosophers
of science, academic economists, and empirical economists in policy
institutions (eg, central banks) to these issues.
The course is also structured around a particular point of
view namely, that economics is a science of models and that most of the
main features of econometrics relate generally to the role of models in
science.
Topics will be selected reflecting participants interests and may include:
* History of econometrics to frame the philosophical issues to be
discussed in the course
* The Vienna Circle and econometrics
* Values and Ethical Pitfalls in econometric research
* Key philosophical issues of how models relate to the world and how
they relate to each other
* Data: observation, classification, and measurement of economic
variables from a modeling point of view
* Conceptual issues related to modeling randomness
* The identification problem: how possibly, if at all possible, to
map descriptive relations onto theoretical variables?
* Issues related to optional stopping, search methodologies, and the
proper interpretation of results obtained through search
* Different approaches to the nature of causation and different
strategies of causal inference
* The conceptual basis of graphical causal modeling and controlled,
natural, and field experiments
* The conceptual issues surrounding the problem of model
uncertainty, as well as some of the strategies economists use to address it
Main Lecturers:
Kevin D. Hoover (Duke University)
Kevin D. Hoover is Professor of Economics and Philosophy and Senior Fellow
of the Center for the History of Political Economy at Duke University. He
is the editor of the journal History of Political Economy and a past editor
of the Journal of Economic Methodology. His current research addresses
causality, causal inference in economics, the history of macroeconomics,
philosophical issues related to the microfoundations of macroeconomics, and
the engagement with economics of the American pragmatist philosopher
Charles. S. Peirce. He is the author of The New Classical Macroeconomics,
the Methodology of Empirical Macroeconomics, Causality in Macroeconomics,
Applied Intermediate Macroeconomics, as well as many articles in monetary
and macroeconomics, the history of economics, the philosophy of economics,
and applied econometrics.
Jennifer Jhun (Duke University)
Jennifer Jhun is an Assistant Professor in the Philosophy Department at Duke
University, as well as a Senior Fellow of the Center for the History of
Political Economy. She holds a PhD in Philosophy from the University of
Pittsburgh. Her main research interests are in the philosophy of science,
especially philosophy of economics, but also in issues in other areas, such
as psychology and physics. She is currently engaged on a project that
investigates antitrust from a historical and philosophy-of-science
perspective: Whats the Point of ceteris Paribus? or, How to Understand
Supply and Demand Curves. Philosophy of Science 85, no. 2 (2018): 271-292;
Economics, Equilibrium Methods, and Multi-scale Modeling. Erkenntnis 86,
no. 2 (2021): 457-472; Multi-Model Reasoning in Economics: The Case of
COMPASS. Philosophy of Science 90, no. 4 (2023): 836-854; Implied Market
Shares and Antitrust Markets as Fuzzy Sets. Forthcoming at The Antitrust
Bulletin. (Joint with Matthew Panhans, Federal Trade Commission)
Guest Lecturer:
Marcel Boumans (University of Utrecht)
Marcel Boumans is historian and philosopher of science at Utrecht
University. His main research focus is on understanding empirical research
practices in science outside the lab from a philosophy of
science-in-practice perspective. He is particularly interested in the
practices of measurement and modelling and the role of mathematics in social
science. The first step in these practices is to make sense of the available
data. Visualisations play an important role in this. His current research
project Vision and Visualisation is nearing completion with a book
manuscript Shaping the Phenomena.
The program is primarily directed at graduate students and junior
researchers in philosophy of science and economics as well as empirical
economists at policy institutions (eg, central banks) but the organizers
also encourage applications from people in all stages of their career and
from fields other than economics that apply advanced econometrics.
Application form and further information:
<https://summerschool-ivc.univie.ac.at/application/>
https://summerschool-ivc.univie.ac.at/application/
USS-SWC operates under the academic supervision of an International Program
Committee of distinguished philosophers, historians, and scientists. Its
members represent the scientific fields in the scope of USS-SWC, make
contact to their home universities and will also support acknowledgement of
courses taken by the students. The annual summer school is organised by the
Institute Vienna Circle of the University of Vienna.
<https://wienerkreis.univie.ac.at/>
https://wienerkreis.univie.ac.at/
Find information about our exchange programme with Duke University (North
Carolina) here:
<https://international.univie.ac.at/en/international-cooperation/university-
wide-partnership-agreements/north-america/>
https://international.univie.ac.at/en/international-cooperation/university-w
ide-partnership-agreements/north-america/
Inquiries:
Administrator:
Zarah Weiss
Institute Vienna Circle
Alser Straße 23/32
1080 Wien
<mailto:summerschool.ivc@univie.ac.at> summerschool.ivc(a)univie.ac.at
Scientific director:
Georg Schiemer
Institute Vienna Circle
Alser Straße 23/32
1080 Wien
<mailto:georg.schiemer@univie.ac.at> georg.schiemer(a)univie.ac.at