Causal Inference by Independent Component Analysis with Applications to Micro- and Macroeconomic Data Volume 4 Jena Economic Research Papers 2010-05-11 2010 2007 2010-031 Causality Structural VAR Independent Components Analysis Non-Gaussianity Firm Growth Monetary Policy Structural vector-autoregressive models are potentially very useful tools for guiding both macro- and microeconomic policy. In this paper, we present a recently developed method for exploiting non-Gaussianity in the data for estimating such models, with the aim of capturing the causal structure underlying the data, and show how the method can be applied to both microeconomic data (processes of firm growth and firm performance) as well as macroeconomic data (effects of monetary policy). jportal_jpjournal_00000016 2010-05-11T13:16:12.736Z 2010-12-17T11:54:20.165Z