This study draws on machine learning as a means to causal inference for econometric investigation. We utilize the concept of transfer entropy to examine the relationship between the US National Association of Home Builders Index and the S&P CoreLogic Case-Shiller 20 City Composite Home Price...

During the COVID-19 pandemic, German short-term government bond yields seem to Granger cause long-term government bond yields. Moreover, by examining 2- and ­30-year interest rates, feedback effects between the two time series can be detected. This is not the case when analyzing 2- and 10-year...