Econometrics and Reichenbach's Principle

()

Authors
Sean Muller
University of Johannesburg
Abstract
Reichenbach'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.
Keywords Econometrics  Reichenbach's principle  causal inference  instrumental variables
Categories (categorize this paper)
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

Our Archive
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

Causation, Prediction, and Search.Peter Spirtes, Clark Glymour & Richard Scheines - 1996 - British Journal for the Philosophy of Science 47 (1):113-123.
Making Things Happen.James Woodward - 2005 - Philosophical Review 114 (4):545-547.

View all 20 references / Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles

Reichenbach's Paradise.Leszek Wroński - 2014 - De Gruyter Open.
Common Causes and the Direction of Causation.Brad Weslake - 2005 - Minds and Machines 16 (3):239-257.
Causal Models and Evidential Pluralism in Econometrics.Alessio Moneta & Federica Russo - 2014 - Journal of Economic Methodology 21 (1):54-76.
On Reichenbach's Common Cause Principle and Reichenbach's Notion of Common Cause.G. Hofer-Szabo - 1999 - British Journal for the Philosophy of Science 50 (3):377-399.
Common Cause Explanation.Elliott Sober - 1984 - Philosophy of Science 51 (2):212-241.

Analytics

Added to PP index
2014-06-27

Total views
60 ( #132,527 of 2,254,263 )

Recent downloads (6 months)
11 ( #103,652 of 2,254,263 )

How can I increase my downloads?

Downloads

My notes

Sign in to use this feature