Authors
Christopher Clarke
Cambridge University
Abstract
This chapter explores the idea of one variable making a causal contribution to another variable, and how this idea applies to economics. It also explores the related concept of what-if questions in economics. In particular, it contrasts the modular theory of causal contributions and what-if questions (advocated by interventionists) with the ceteris paribus theory (advocated by Jim Heckman and others). It notes a problem with the modular theory raised by Nancy Cartwright. And it notes how, according to the ceteris paribus theory, causal contributions and what-if questions are often indeterminate in economics.
Keywords Causation  Counterfactuals  Economics  Interventionism  Modularity  Structural Equations
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References found in this work BETA

Causality: Models, Reasoning and Inference.Judea Pearl - 2000 - Cambridge University Press.

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