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Handbook of Research Methods and Applications in Heterodox Economics
Despite the important critiques of the mainstream offered by heterodox economics, the dominant method remains econometrics. This major new Handbook provides an invaluable introduction to a range of alternative research methods better suited for analysing the social data prominent in heterodox research projects, including survey, historical, ethnographic, experimental, and mixed approaches, together with factor, cluster, complex, and social network analytics. Introductions to each method are complemented by descriptions of applications in practice.
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Critical Acclaim
Contributors
Contents
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Despite the important methodological critiques of the mainstream offered by heterodox economics, the dominant research method taught in heterodox programmes remains econometrics. This compelling Handbook provides a comprehensive introduction to a range of alternative research methods, invaluable for analysing the data prominent in heterodox studies.
Providing a solid basis for a mixed methods approach to economic investigations, the expertly crafted contributions are split into three distinct sections: philosophical foundation and research strategy, research methods and data collection, and applications. Introductions to a host of invaluable methods such as survey, historical, ethnographic, experimental and mixed approaches, together with factor, cluster, complex and social network analytics, are complemented by descriptions of applications in practice.
Practical and expansive, this Handbook is highly pertinent for students and scholars of economics, particularly those dedicated to heterodox approaches, as it provides a solid reference for mixed methods not available in mainstream economics research methods courses.
Providing a solid basis for a mixed methods approach to economic investigations, the expertly crafted contributions are split into three distinct sections: philosophical foundation and research strategy, research methods and data collection, and applications. Introductions to a host of invaluable methods such as survey, historical, ethnographic, experimental and mixed approaches, together with factor, cluster, complex and social network analytics, are complemented by descriptions of applications in practice.
Practical and expansive, this Handbook is highly pertinent for students and scholars of economics, particularly those dedicated to heterodox approaches, as it provides a solid reference for mixed methods not available in mainstream economics research methods courses.
Critical Acclaim
‘A very welcome compendium on the wide range of research methods available for economists and social scientists more generally. Highly recommended, particularly for those wishing to explore alternative methods to be applied in all fields of economic analysis and beyond. There are insightful and helpful applications of the methods to a wide range of topics to illustrate how they can be used.’
– Malcolm Sawyer, University of Leeds, UK
‘This is a good handbook and is not just methodology per sé, it is useful for applying it to our work in a consistent way.’
– History of Economic Thought and Policy
– Malcolm Sawyer, University of Leeds, UK
‘This is a good handbook and is not just methodology per sé, it is useful for applying it to our work in a consistent way.’
– History of Economic Thought and Policy
Contributors
Contributors: V. Adams, S. Austen, A. Basole, M. Bewley, N. Bracarense, T. Cardão-Pito, Z.B. Catanzarite, L. Chester, J.F. Cogliano, B. Cronin, B. Davidson, C.D. Deere, P. Downward, A. Gezici, G.C. Gu, T. Jefferson, X. Jiang, A.R. Johnson, T.E. Lambert, F.S. Lee, G. Lewin, N.O. Martins, A. Mearman, M. Meurs, J. Morgan, J.K. Moudud, J. Muñoz, M.J. Murray, R. Ong, L. Pickbourn, S. Ramnarain, S.K. Schroeder, R. Sharp, R. Szostack, G. Zezza
Contents
Contents:
Introduction
PART I. PHILOSOPHICAL FOUNDATION AND RESEARCH STRATEGY
1. Critical Realism as a Social Ontology for Economics
Jamie Morgan
2. Critical Realism, Method of Grounded Theory, and Theory Construction
Frederic S. Lee
3. An Interdisciplinary Perspective on Heterodoxy
Rick Szostak
PART II. RESEARCH METHODS AND DATA COLLECTION
4. Separate or Symbiotic? Quantitative and Qualitative Methods in (Heterodox) Economics Research
Lynda Pickbourn and Smita Ramnarain
5. Historical Method and Data
Natalia Bracarense and A. Reeves Johnson
6. Using Survey Methods in Heterodox Economic Research
Tiago Cardão-Pito
7. Qualitative and Ethnographic Methods in Economics
Amit Basole and Smita Ramnarain
8. Experimental Methods and Data
Andrew Mearman
9. Factor Analysis, Cluster Analysis, and Nonparametric Research Methods for Heterodox Economic Analysis
Michael J. Murray
10. Regression Analysis: A Review
Paul Downward
11. Critical Realism, Econometrics, and Heterodox Economics
Nuno Ornelas Martins
12. Social Network Analysis
Bruce Cronin
13. Agent-Based Computational Economics: Simulation Tools for Heterodox Research
Jonathan F. Cogliano and Xiao Jiang
14. Modeling as a Research Method in Heterodox Economics
Frederic S. Lee
15. Multiple and Mixed Methods Research for Economics?
Bruce Cronin
PART III. APPLICATIONS
16. A Mixed Methods Approach to Investment Behavior
Armağan Gezici
17. Price Stability
Gyun Cheol Gu
18. Studying Low-Income Households: Challenges and Issues
Lynne Chester
19. Marketisation and Human Service Providers: An Industry Study
Bob Davidson
20. A Qualitative Case Study of the Mexican Stock Market (BMV) from the Perspective of Critical Realism and Grounded Theory
Jesús Muñoz
21. Looking into the Black Box: Policy as a Contested Process
Jamee K. Moudud
22. Modeling the Economy as a Whole: Stock-Flow Models
Gennaro Zezza
23. A Mixed Methods Approach to Investigating the Employment Decisions of Aged Care Workers in Australia
Therese Jefferson, Siobhan Austen, Rhonda Sharp, Rachel Ong, Valerie Adams and Gill Lewin
24. Combining Qualitative and Quantitative Methods in Field Work: An Application to Research on Gender, Migration and Remittances in Ghana Lynda Pickbourn
25. A Data Triangulation Approach to Understanding the Behavior of Small Landholders in Bulgaria
Mieke Meurs
26. Measuring the Intra-Household Distribution of Wealth in Ecuador: Qualitative Insights and Quantitative Outcomes
Carmen Diana Deere and Zachary B. Catanzarite
27. The Use of Quasi-Experimental Design in Urban and Regional Policy Research and Political Economy
Thomas E. Lambert and Michael Bewley
28. Detecting Business Cycles
Susan K. Schroeder
29. A Régulationist Analysis of an Industry Sector using Mixed Research Methods
Lynne Chester
Index
Introduction
PART I. PHILOSOPHICAL FOUNDATION AND RESEARCH STRATEGY
1. Critical Realism as a Social Ontology for Economics
Jamie Morgan
2. Critical Realism, Method of Grounded Theory, and Theory Construction
Frederic S. Lee
3. An Interdisciplinary Perspective on Heterodoxy
Rick Szostak
PART II. RESEARCH METHODS AND DATA COLLECTION
4. Separate or Symbiotic? Quantitative and Qualitative Methods in (Heterodox) Economics Research
Lynda Pickbourn and Smita Ramnarain
5. Historical Method and Data
Natalia Bracarense and A. Reeves Johnson
6. Using Survey Methods in Heterodox Economic Research
Tiago Cardão-Pito
7. Qualitative and Ethnographic Methods in Economics
Amit Basole and Smita Ramnarain
8. Experimental Methods and Data
Andrew Mearman
9. Factor Analysis, Cluster Analysis, and Nonparametric Research Methods for Heterodox Economic Analysis
Michael J. Murray
10. Regression Analysis: A Review
Paul Downward
11. Critical Realism, Econometrics, and Heterodox Economics
Nuno Ornelas Martins
12. Social Network Analysis
Bruce Cronin
13. Agent-Based Computational Economics: Simulation Tools for Heterodox Research
Jonathan F. Cogliano and Xiao Jiang
14. Modeling as a Research Method in Heterodox Economics
Frederic S. Lee
15. Multiple and Mixed Methods Research for Economics?
Bruce Cronin
PART III. APPLICATIONS
16. A Mixed Methods Approach to Investment Behavior
Armağan Gezici
17. Price Stability
Gyun Cheol Gu
18. Studying Low-Income Households: Challenges and Issues
Lynne Chester
19. Marketisation and Human Service Providers: An Industry Study
Bob Davidson
20. A Qualitative Case Study of the Mexican Stock Market (BMV) from the Perspective of Critical Realism and Grounded Theory
Jesús Muñoz
21. Looking into the Black Box: Policy as a Contested Process
Jamee K. Moudud
22. Modeling the Economy as a Whole: Stock-Flow Models
Gennaro Zezza
23. A Mixed Methods Approach to Investigating the Employment Decisions of Aged Care Workers in Australia
Therese Jefferson, Siobhan Austen, Rhonda Sharp, Rachel Ong, Valerie Adams and Gill Lewin
24. Combining Qualitative and Quantitative Methods in Field Work: An Application to Research on Gender, Migration and Remittances in Ghana Lynda Pickbourn
25. A Data Triangulation Approach to Understanding the Behavior of Small Landholders in Bulgaria
Mieke Meurs
26. Measuring the Intra-Household Distribution of Wealth in Ecuador: Qualitative Insights and Quantitative Outcomes
Carmen Diana Deere and Zachary B. Catanzarite
27. The Use of Quasi-Experimental Design in Urban and Regional Policy Research and Political Economy
Thomas E. Lambert and Michael Bewley
28. Detecting Business Cycles
Susan K. Schroeder
29. A Régulationist Analysis of an Industry Sector using Mixed Research Methods
Lynne Chester
Index
