On Spurious Causality, CO<sub>2</sub>, and Global Temperature

Stips et al. (2016) use information flows (Liang (2008, 2014)) to establish causality from various forcings to global temperature. We show that the formulas being used hinge on a simplifying assumption that is nearly always rejected by the data. We propose the well-known forecast error variance deco...

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Bibliographic Details
Main Authors: Philippe Goulet Coulombe, Maximilian Göbel
Format: Article
Language:English
Published: MDPI AG 2021-09-01
Series:Econometrics
Subjects:
Online Access:https://www.mdpi.com/2225-1146/9/3/33