Mediation analysis aims at identifying and evaluating the mechanisms through which treatment affects an outcome. The goal is to disentangle total effect into two components: indirect that occurs due one or more intermediate variables, known as mediators, direct captures all other possible explanations for why a works. This paper reviews methodological advancements in literature on causal mediat...

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Purpose: to provide a view and analysis of the immediate field of journals which surround a number of key heterodox economics journals. Design/methodology/approach: Using citation data from the Science and Social Science Citation Index, the individual and collective networks of a number of journals in this field are analyzed. Findings: The size and shape of the citation networks of journals can...

In this paper we apply the method of inferred causation for macroeconomic analysis. First we introduce briefly the theory of inferred causation developed by Pearl and Verma (1991). We apply this method to the identification of structural vector autoregression (SVAR) models. In an example of monetary policy analysis we demonstrate how causal information embedded in the data can be used to identi...

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