TY - BOOK AU - Heckman,James J. ED - National Bureau of Economic Research. TI - Econometric Causality T2 - NBER working paper series PY - 2008/// CY - Cambridge, Mass. PB - National Bureau of Economic Research N1 - April 2008; Hardcopy version available to institutional subscribers N2 - This paper presents the econometric approach to causal modeling. It is motivated by policy problems. New causal parameters are defined and identified to address specific policy problems. Economists embrace a scientific approach to causality and model the preferences and choices of agents to infer subjective (agent) evaluations as well as objective outcomes. Anticipated and realized subjective and objective outcomes are distinguished. Models for simultaneous causality are developed. The paper contrasts the Neyman-Rubin model of causality with the econometric approach UR - https://www.nber.org/papers/w13934 UR - http://dx.doi.org/10.3386/w13934 ER -