CORDIS Project
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This research addresses the challenges of causal inference from non-experimental data, particularly in economics. It aims to develop robust methods for identifying causal effects and analyzing macroeconomic policies using European data.
Identification of causal effects from non-experimental data is a difficult task because of the scarcity of plausible exogenous variation in the data.
Typically, variation in the ‘treatment’ variable, such as a policy intervention, is not independent from relevant but unobserved characteristics of the underlying causal relationship.
Causal inference often relies on the availability of valid instruments. A serious threat to the internal and external validity of econometric inference arises when th…
THE CHANCELLOR, MASTERS AND SCHOLARS OF THE UNIVERSITY OF OXFORD
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