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Content archived on 2024-06-18

Identification and Structural Inference of Dynamic Causal Effects: Theory and Applications

Objective

Identification of causal effects from non-experimental data is a difficult task because of the scarcity of plausible exogenous variation in the data. Typically, variation in the ‘treatment’ variable, such as a policy intervention, is not independent from relevant but unobserved characteristics of the underlying causal relationship. Causal inference often relies on the availability of valid instruments. A serious threat to the internal and external validity of econometric inference arises when the instruments are weak. This problem is well documented and is pervasive across most areas of economics.
The proposed research will make a number of methodological and applied contributions to the current state of the art. First, it will provide improved methods of inference that are robust to the problem of weak instruments. Second, it will propose new approaches to the identification of dynamic causal effects that is particularly relevant for the analysis of macroeconomic policy. Third, it will apply state of the art econometric methods to the study of unemployment and business cycle fluctuations, with particular emphasis on European data.

Fields of science (EuroSciVoc)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-PEOPLE-2011-CIG
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MC-CIG - Support for training and career development of researcher (CIG)

Coordinator

THE CHANCELLOR, MASTERS AND SCHOLARS OF THE UNIVERSITY OF OXFORD
EU contribution
€ 100 000,00
Address
WELLINGTON SQUARE UNIVERSITY OFFICES
OX1 2JD Oxford
United Kingdom

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Region
South East (England) Berkshire, Buckinghamshire and Oxfordshire Oxfordshire
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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