Search Results - subject:"causal inference."

In der Energiekrise sparten private Haushalte Heizenergie auch stark aus nichtmonetären Gründen

Behr, Sophie M.; Köveker, Till - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 92 (2025) 20, pp. 282-287

Der russische Überfall auf die Ukraine hat im Jahr 2022 in Deutschland eine Energiekrise ausgelöst: Die Verbraucherpreise für Heizenergieträger stiegen im Laufe des Jahres drastisch. Aus Sorge vor einer Gasmangellage wurden verschiedene Energiesparprogramme aufgelegt. Die Bundesregierung und...

Persistent link: https://www.econbiz.de/10015407056

Policy choice in time series by empirical welfare maximization

Kitagawa, Toru; Wang, Weining; Xu, Mengshan - 2024

This paper develops a novel method for policy choice in a dynamic setting where the available data is a multi-variate time series. Building on the statistical treatment choice framework, we propose Time-series Empirical Welfare Maximization (T-EWM) methods to estimate an optimal policy rule by...

Persistent link: https://www.econbiz.de/10015193983

Model Averaging and Double Machine Learning

Ahrens, Achim; Hansen, Christian B.; Schaffer, Mark E; … - 2024

This paper discusses pairing double/debiased machine learning (DDML) with stacking, a model averaging method for combining multiple candidate learners, to estimate structural parameters. We introduce two new stacking approaches for DDML: short-stacking exploits the cross-fitting step of DDML to...

Persistent link: https://www.econbiz.de/10014469867

A score-driven filter for causal regression models with time-varying parameters and endogenous regressors

Blasques, Francisco; Stegehuis, Noah - 2024

This paper proposes a score-driven model for filtering time-varying causal parameters through the use of instrumental variables. In the presence of suitable instruments, we show that we can uncover dynamic causal relations between variables, even in the presence of regressor endogeneity which...

Persistent link: https://www.econbiz.de/10014547828

Impact of policy measures and behavior on the COVID pandemic in Germany

Bethäuser, Jenny - 2024

Critics protest loudly against restrictions imposed by politicians during the COVID-19 pandemic in Germany: Mandatory masks, lockdowns, school and business closures. This paper examines (1) the extent to which these policies have indirectly contributed to limiting the number of COVID-19 cases...

Persistent link: https://www.econbiz.de/10015046525

Employment effects of investment grants and firm heterogeneity: Evidence from a staggered adoption approach

Dettmann, Eva; Titze, Mirko; Weyh, Antje - 2024

This study estimates the firm-level employment effects of investment grants in Germany. In addition to the average treatment effect on the treated, we examine discrimination in the funding rules as potential source of effect heterogeneity. We combine a staggered difference-in-differences...

Persistent link: https://www.econbiz.de/10015077194

Lost in the Design Space? Construct Validity in the Microfinance Literature

Masselus, Lise; Petrik, Christina; Ankel-Peters, Jörg - 2024

Our paper examines construct validity, an often neglected yet important element affecting the generalizability of individual study results. Construct validity deals with how the operationalization of a treatment corresponds to the broader construct it intends to speak to. The universe of...

Persistent link: https://www.econbiz.de/10015110231

Causal Claims in Economics

Garg, Prashant; Fetzer, Thiemo - 2024

citation impact. While employing causal inference methods, introducing novel causal relationships, and engaging with less … graphs mapping economic concepts and their relationships, distinguishing between general claims and those supported by causal … inference methods. The share of causal claims within papers rose from about 4% in 1990 to 28% in 2020, reflecting the …

Persistent link: https://www.econbiz.de/10015110232

Estimating causal effects with observational data: Guidelines for agricultural and applied economists

Henningsen, Arne; Low, Guy; Wuepper, David; Dalhaus, Tobias - 2024

Most research questions in agricultural and applied economics are of a causal nature, i.e., how one or more variables (e.g., policies, prices, the weather) affect one or more other variables (e.g., the welfare of individuals or the society, the demanded or produced quantity, pollution). Only a...

Persistent link: https://www.econbiz.de/10015165791

Causal Claims in Economics

Garg, Prashant; Fetzer, Thiemo - 2024

Persistent link: https://www.econbiz.de/10015175265