Revolutionizing economic research: combining quantitative and qualitative methods for impact
Economic research in the 21st century is exploring how to combine quantitative and qualitative methods to advance scientific understanding. Over time, the focus on these methods has shifted, with periods of favoring one over the other. However, there is a growing recognition of the value in using both approaches together. By integrating quantitative and qualitative methods, researchers can gain deeper insights into macroeconomic phenomena and drive scientific progress.