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Normal and reversed causality in a model system

✍ Scribed by L.S. Schulman


Publisher
Elsevier Science
Year
1976
Tongue
English
Weight
167 KB
Volume
57
Category
Article
ISSN
0375-9601

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In this paper we examine how causality inference and forecasting within a bivariate VAR, consisting of yt and xt, are aected by the omission of a third variable, wt, which causes (a) none, (b) one, and (c) both variables in the bivariate system. We also derive conditions under which causality infere