Econometric methods and Reichenbach's principle

dc.creatorMuller, Sean
dc.date2013-02-28T13:39:54Z
dc.date2013-02-28T13:39:54Z
dc.date2012
dc.date.accessioned2015-05-28T10:05:12Z
dc.date.available2015-05-28T10:05:12Z
dc.date.issued2015-05-28
dc.descriptionReichenbach's 'principle of the common cause' is a foundational assumption of some important recent contributions to quantitative social science methodology but no similar principle appears in econometrics. Reiss (2005) has argued that the principle is necessary for instrumental variables methods in econometrics, and Pearl (2009) builds a framework using it that he proposes as a means of resolving an important methodological dispute among econometricians. We aim to show, through analysis of the main problem instrumental variables methods are used to resolve, that the relationship of the principle to econometric methods is more nuanced than implied by previous work, but nevertheless may make a valuable contribution to the coherence and validity of existing methods.
dc.descriptionReichenbach's principle, econometrics, causality
dc.identifierhttp://hdl.handle.net/11090/176
dc.identifier.ris TY - Report DA - 2015-05-28 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - Econometric methods and Reichenbach's principle TI - Econometric methods and Reichenbach's principle UR - http://hdl.handle.net/11090/176 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11090/176
dc.language.isoeng
dc.publisherSouthern Africa Labour and Development Research Unit
dc.publisher.departmentSALDRUen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.titleEconometric methods and Reichenbach's principle
dc.typeReport
uct.type.publicationResearchen_ZA
uct.type.resourceSALDRU Reporten_ZA
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