PhilSci Archive

Causal Arrows in Econometric Models

Russo, Federica (2009) Causal Arrows in Econometric Models. In: UNSPECIFIED.

[img] Microsoft Word (.doc)

Download (161kB)


Econometrics applies statistical methods to study economic phenomena. Roughly, by means of equations, econometricians typically account for the response variable in terms of a number of explanatory variables. The question arises under what conditions econometric models can be given a causal interpretation. By drawing the distinction between associational models and causal models, the paper argues that a proper use of background knowledge, three distinct types of assumptions (statistical, extra-statistical, and causal), and the hypothetico-deductive methodology provide sufficient conditions for a causal interpretation of econometric models.

Export/Citation: EndNote | BibTeX | Dublin Core | ASCII/Text Citation (Chicago) | HTML Citation | OpenURL
Social Networking:
Share |

Item Type: Conference or Workshop Item (UNSPECIFIED)
Russo, Federica
Keywords: causation, economics, causal modelling, mechanism
Subjects: Specific Sciences > Economics
Depositing User: Federica Russo
Date Deposited: 27 Apr 2009
Last Modified: 07 Oct 2010 15:17
Item ID: 4591

Monthly Views for the past 3 years

Monthly Downloads for the past 3 years

Plum Analytics

Actions (login required)

View Item View Item