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Handbook of Research Methods and Applications in Heterodox Economics

Edited by the late Frederic S. Lee, formerly University of Missouri–Kansas City, US and Bruce Cronin, Professor of Economic Sociology, Director of Research, Faculty of Business and Director, Centre for Business Network Analysis, University of Greenwich, UK
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.
Extent: 640 pp
Hardback Price: $335.00 Web: $301.50
Publication Date: 2016
ISBN: 978 1 78254 845 4
Availability: In Stock
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  • Economics and Finance
  • History of Economic Thought
  • Methodology of Economics
  • Post-Keynesian Economics
  • Radical and Feminist Economics
  • Research Methods in Economics
  • Research Methods
  • Research Methods in Economics
  • Research Methods
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.
‘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
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:

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
Armag?an 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