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Kevin D. Hoover, Professor

Kevin D. Hoover

Professor Hoover's research interests include macroeconomics, monetary economics, the history of economics, and the philosophy and methodology of empirical economics. His recent work in economics has focused on the application of causal search methodologies for structural vector autoregression, the history of microfoundational programs in macroeconomics, and Roy Harrod's early work on dynamic macroeconomics. In philosophy, he has concentrated on issues related to causality, especially in economics, and on reductionism -- the philosophical counterpart to microfoundations. Recent publications include:

  • "Trygve Haavelmo's Experimental Methodology and Scenario Analysis in a Cointegrated Vector Autoregression" (Econometric Theory, 2015), 
  • "Reductionism in Economics:  Intentionality and Eschatological Justification in the Microfoundations of Macroeconomics" (Philosophy of Science 2015), 
  • "Mathematical Economics Comes to America:  Charles S. Peirce’s Engagement with Cournot’s Recherches sur les Principes Mathematiques de la Théorie des Richesses" (Journal of the History of Economic Thought, 2015), 
  • "The Genesis of Samuelson and Solow’s Price-Inflation Phillips Curve" (History of Economics Review, 2015), 
  • "Solow's Harrod: Transforming Cyclical Dynamics into a Model of Long-run Growth" (European Journal of the History of Economic Thought 2015), 
  • "In the Kingdom of Solovia:  The Rise of Growth Economics at MIT, 1956-1970" (History of Political Economy 2014), 
  • “Still Puzzling: Evaluating the Price Puzzle in an Empirically Identified Structural Vector Autoregression” (Empirical Economics, 2014),
  • "On the Reception of Haavelmo's Econometric Thought" (Journal of the History of Economic Thought, 2014) – winner of the History of Economics Society Best Paper Award in 2015.  

Contact Info:
Office Location:  07B Social Sciences, Box 90097, Durham, NC 27708
Office Phone:  (919) 660-1800
Email Address: send me a message
Web Page:  http://public.econ.duke.edu/~kdh9/

Teaching (Spring 2024):

  • ECON 312S.01, ADAM SMITH & NATURAL LIBERTY Synopsis
    SEE INSTRU, MW 03:05 PM-04:20 PM
    (also cross-listed as HISTORY 308S.01, PHIL 312S.01)
  • ECON 690.05, SELECTED TOPICS IN ECONOMICS Synopsis
    Social Sciences 111, MW 01:25 PM-02:40 PM
  • ECON 884.01, TOPICS IN HISTORY OF ECONOMICS Synopsis
    Social Sciences 111, MW 01:25 PM-02:40 PM
Education:

Ph.D.University of Oxford (United Kingdom)1985
M.A.University of Oxford (United Kingdom)1983
B.A.University of Oxford (United Kingdom)1979
Specialties:

History of Economics
Macroeconomics
Research Interests:

Professor Hoover's research interests include macroeconomics, monetary economics, the history of economics, and the philosophy and methodology of empirical economics. His recent work in economics has focused on the application of causal search methodologies for structural vector autoregression, the history of microfoundational programs in macroeconomics, and Roy Harrod's early work on dynamic macroeconomics. In philosophy, he has concentrated on issues related to causality, especially in economics, and on reductionism -- the philosophical counterpart to microfoundations. Recently published papers include: He has conducted studies to investigate the history of twentieth century macroeconomics, the structure of vector auto-regression models, and causality in macroeconomics examined via specification search methodologies. Recent working papers include: “Still Puzzling: Evaluating the Price Puzzle in an Empirically Identified Structural Vector Autoregression,” “Was Harrod Right?” "Identity, Structure, and Causal Representation in Scientific Models."

Keywords:

Causality • Economics • Graph theory • Humans • Models, Econometric • Monetary policy • Motivation • Probability

Curriculum Vitae  Bio
Current Ph.D. Students  

  • Morten Tabor  
  • Robert Williams  
  • Francois Claveau  
Recent Publications   (More Publications)

  1. Hoover, KD; Svorenčík, A, Who Runs the AEA?, Journal of Economic Literature, vol. 61 no. 3 (September, 2023), pp. 1127-1171 [doi]  [abs]
  2. Hoover, KD, The struggle for the soul of macroeconomics, Journal of Economic Methodology, vol. 30 no. 2 (January, 2023), pp. 80-89 [doi]  [abs]
  3. Hoover, KD, Models, truth, and analytic inference in economics (August, 2022), pp. 119-144 [doi]
  4. Hoover, KD, Erratum to: Hoover, k.d. 2020. the discovery of long-run causal order: A preliminary investigation. econometrics 8: 31, Econometrics, vol. 9 no. 1 (March, 2021) [doi]  [abs]
  5. Wible, JR; Hoover, KD, The economics of trade liberalization: Charles S. Peirce and the Spanish Treaty of 1884, The European Journal of the History of Economic Thought, vol. 28 no. 2 (January, 2021), pp. 229-248 [doi]  [abs]
Conferences Organized


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