Download or read book Causal Inference in Economic Models written by Stephen F. LeRoy and published by Cambridge Scholars Publishing. This book was released on 2020-10-12 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: There exist applications in many research areas including (but not limited to) economics dealing with causation that are analyzed using multi-equation mathematical models. This book develops and describes a formal treatment of causation in such mathematical models. It serves to replace existing treatments of causation, which almost without exception are vague and otherwise unsatisfactory. Development of theory is accompanied here by extensive analysis of examples drawn from the economics literature: treatment evaluation, potential outcomes, applied econometrics. The theory outlined here will be extremely useful in economics and such related fields as biology and biomedicine.