Causality in Economics and Econometrics
29 Pages Posted: 18 Sep 2006
Date Written: June 9, 2006
An entry for the New Palgrave Dictionary of Economics. Traces the history of causality in economics and econometrics since David Hume. Examines the main modern approaches to causal inference.
Keywords: causality, causal inference, econometrics, identification, structural vector autoregressions, graph-theory, Hume, Mill, Jevons, Granger, Granger causality, Simon, Haavelmo, Cowles Commission, Zellner, Pearl, Spirtes
JEL Classification: B16, B23, C10
Suggested Citation: Suggested Citation