The relationship between cause and effect.
Questions tagged [causality]
42 questions
7
votes
2 answers
When can economists claim to "understand" an event or phenomenon?
It's a common refrain that economists still don't have a solid grasp of the causes of business cycles (in particular, the Great Depression), despite decades of serious study. What would it take to say that this (or another event/phenomenon --…
sirallen
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0
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1 answer
Estimating causal effect for educated people on wages
I have a problem regarding causation and effect. I have a linear model
$ wage=\beta_0+\beta_1educ+\beta_2female+\beta_3hourseworked+errorterm$
When I need to estimate the causal effect for educated people on wages, I have chosen a subpopulation…
aa_x
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