Causal Relations via Econometrics

Artikel

Applied econometric work takes a superficial approach to causality. Understanding economic affairs, making good policy decisions, and progress in the economic discipline depend on our ability to infer causal relations from data. We review the dominant approaches to causality in econometrics, and suggest why they fail to give good results. We feel the problem cannot be solved by traditional tools, and requires some out-of-the-box thinking. Potentially promising approaches to solutions are discussed.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: International Econometric Review (IER) ; ISSN: 1308-8815 ; Volume: 2 ; Year: 2010 ; Issue: 1 ; Pages: 36-56 ; Ankara: Econometric Research Association (ERA)

Classification and Topics

• Classification: Wirtschaft ; Econometric Modeling: Other
• Subject: Causality ; Regression ; Exogeneity ; Hendry Methodology ; Natural Experiments

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Zaman, Asad
• Event: Veröffentlichung
• (who): Econometric Research Association (ERA)
• (where): Ankara
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/238790
• Last update: 10.03.2025, 11:43 AM CET