Table 2 Fallacy (student stuff)

14 Jun, 2021 at 19:02 | Posted in Statistics & Econometrics | 2 Comments

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2 Comments

  1. This video and several previous ones posted on this blog seem to be concerned with issues regarding “simultaneous equation models”.
    These matters been extensively studied by econometricians – see textbooks by Greene, Wooldridge, Gujarati, etc.
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    Are epidemiologists etc familiar this work?
    It is not apparent from these posts that they have made any theoretical or practical advances.

    • When it comes to questions about causality I think we as economists have a lot to learn from — especially on methodological matters — the development in epidemiology during the last two or three decades. From an outside perspective, at least, it seems as though they have made substantial progress. Compared with the purely philosophical discussion, it is more rewarding to follow and learn from a field that is not too far removed from our own practice as social scientists.


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