Causalidade em Economia: O Saber de Experiências Feito

Paulino Teixeira ()
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Paulino Teixeira: University of Coimbra, Faculty of Economics and CeBER

Notas Económicas, 2026, issue 61, 7-22

Abstract: We discuss the importance of causality in economics, particularly in the area of labor economics. Causation is at the root of the analysis applied to facts, that is, as a means of explaining events. It is therefore intimately linked to decision-making or the making of decisions. As a true thought experiment, causation is illustrated in the context of natural experiments, that is, through proper construction of counterfactuals applied to minimum wage issues, trade union wage premium, management practices and firm performance, and, more broadly, to the role of institutions in economic growth.

Keywords: Causality; policy evaluation; minimum wage effects; union premium; management practices; institutions and economic growth (search for similar items in EconPapers)
JEL-codes: C81 C93 D22 D7 J23 J31 J51 L25 (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:gmf:journl:y:2026:i:61:p:7:22

DOI: 10.14195/2183-203X_61_1

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