All Questions
3 questions
1
vote
1
answer
38
views
Using predicted outcomes to adress selection bias in causal inference
Can I use predicted outcomes from one model as the dependent variable in another model to make causal claims? Put differently, is there something equivalent to the Frish-Waugh-Lovell theorem for ...
18
votes
2
answers
1k
views
How would econometricians answer the objections and recommendations raised by Chen and Pearl (2013)?
In their article, Chen and Pearl (2013), critically examined 6 econometric textbooks, among these the textbooks written by Wooldridge (2009) {the introductory book}, and Stock & Watson (2011). ...
1
vote
0
answers
126
views
Do you need causal models when doing counterfactual predictions?
I am modeling the impact the number of a certain type of company (bottom of pyramid (BOP) companies, ie. companies that cater to the poorest consumers) have on market price. I considered the ...