Some causal lessons from macroeconomics

Published

Journal Article

Some of the well-posed causal aspects from macroeconomics were discussed. The causal lessons were supported by the vector-autoregression (VAR) framework of macroeconomics which was analogous to the panel-data approach. The analysis of causality in a VAR framework carried important lessons for the panel-studies. The results show that the direct and indirect linkages among the health indicators and the counterfactual simulations were sensitive to the omission of a contemporaneous link from wealth to health.

Full Text

Duke Authors

Cited Authors

  • Hoover, KD

Published Date

  • January 1, 2003

Published In

Volume / Issue

  • 112 / 1

Start / End Page

  • 121 - 125

International Standard Serial Number (ISSN)

  • 0304-4076

Digital Object Identifier (DOI)

  • 10.1016/S0304-4076(02)00154-9

Citation Source

  • Scopus