Arbeitspapier
Econometric causality
This paper presents the econometric approach to causal modeling. It is motivated by policy problems. New causal parameters are defined and identified to address specific policy problems. Economists embrace a scientific approach to causality and model the preferences and choices of agents to infer subjective (agent) evaluations as well as objective outcomes. Anticipated and realized subjective and objective outcomes are distinguished. Models for simultaneous causality are developed. The paper contrasts the Neyman-Rubin model of causality with the econometric approach.
- Language
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Englisch
- Bibliographic citation
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Series: cemmap working paper ; No. CWP01/08
- Classification
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Wirtschaft
- Subject
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causality, econometrics , Roy model , Neyman–Rubin model , subjective and objective evaluations , anticipated vs. realized outcomes , counterfactuals , treatment effects
Kausalanalyse
Ökonometrie
- Event
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Geistige Schöpfung
- (who)
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Heckman, James J.
- Event
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Veröffentlichung
- (who)
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Centre for Microdata Methods and Practice (cemmap)
- (where)
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London
- (when)
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2008
- DOI
-
doi:10.1920/wp.cem.2008.0108
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Heckman, James J.
- Centre for Microdata Methods and Practice (cemmap)
Time of origin
- 2008
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