Causality, Confounding, and Simpson's Paradox

This is an introductory article which explains the importance of explicit consideration and modeling of causality, contrary to current econometric practice, in order to use data set for extraction of meaningful information. One of the easiest to understand approaches to causality is via Simpson’s pa...

Full description

Bibliographic Details
Main Authors: Asad Zaman, Taseer Salahuddin
Format: Article
Language:English
Published: Econometric Research Association 2020-06-01
Series:International Econometric Review
Subjects:
Online Access:http://www.ead.org.tr/makaleler/110120.pdf