Causality in Economics and Econometrics

Causality in Economics and Econometrics

The New Palgrave Dictionary of Economics Online causality in economics and econometrics

Economics was conceived as early as the classical period as a science of causes. The philosopher–economists David Hume and J. S. Mill developed the conceptions of causality that remain implicit in economics today. This article traces the history of causality in economics and econometrics, showing that different approaches can be classified on two dimensions: process versus structural approaches...

Causality and Econometrics

Causality and Econometrics

Causality and Exogeneity in Econometrics

This Special Issue of the Journal of Econometrics contains a selection of papers presented at the 12 th (EC) 2 conference on " Causality and Exogeneity in Econometrics " held in Louvain-La-Neuve, Belgium in December 2001. (EC) 2 stands for European Conference of the Econom(etr)ics Community. The (EC) 2 conference series was established in 1990. The meetings are small-scale conferences, organize...