Rethinking Applied Economics by Classic Grounded Theory: An Invitation to Collaborate

Abstract

The heading of this paper refers to an issue that so far remains unaddressed by classic grounded theory (CGT) researchers. The aim of this paper is to take a closer look at the accordance between the CGT methodology and the field of applied economics (economic policy-making). The goal is NOT to present a finished theory; the purpose is to briefly discuss the main concern and to suggest some possible properties of the recurrent solution of the main concern (the core variable) within the field of applied economics. The paper is based on some open coding of sampled data. These data came from interviews with leading politicians with economic responsibilities, memoirs, and published diaries of leading economic politicians, and a selection of popular books written by leading economists.

Keywords

• applied economics
• grounded theory
• collaboration