Econometric Causality

James J. Heckman

No 13934, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper presents the econometric approach to causal modeling. It is motivated by policy problems. New causal parameters are defined and identified to address specific policy problems. Economists embrace a scientific approach to causality and model the preferences and choices of agents to infer subjective (agent) evaluations as well as objective outcomes. Anticipated and realized subjective and objective outcomes are distinguished. Models for simultaneous causality are developed. The paper contrasts the Neyman-Rubin model of causality with the econometric approach.

JEL-codes: B41 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cba
Date: 2008-04
Note: LS PE
View list of references View citations in EconPapers

Downloads: (external link)
http://www.nber.org/papers/w13934.pdf (application/pdf)
Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html.

Related works:
Working Paper: Econometric Causality (2008)
Working Paper: Econometric Causality (2008)
Working Paper: Econometric causality (2008)
Journal Article: Econometric Causality (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:nbr:nberwo:13934

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w13934
The price is Paper copy available by mail.

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc
Address: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Contact information at EDIRC.
Series data maintained by ().