The goal of this paper is to extend the counterfactual methodologies in particular Carvalho et al. (2016), by considering the estimation of quantile counterfactuals in the presence of trend units. We derive an asymptotically ...

The aim of this contribution is to provide a state-of-the-art concerned with the mental representation of counterfactual thinking. Counterfactuals are defined from the perspective of cognitive psychology as reasoning ...

We present an approach, based on the notion of fuzzy similarity, to the comparison of economies under default risk. We run a counterfactual analysis of the perspectives of the most troubled countries in the Eurozone compared ...

Imagining and reasoning about hypothetical possibilities is an exclusively human characteristic and confers on cognition an important status for the study of different themes. The need for studies about imaginative processes ...

Recently, there has been a growing interest in developing econometric tools to conduct counterfactual analysis with aggregate data when a "treated" unit suffers an intervention, such as a policy change, and there is no ...

In his book Making Things Happen (2003), James Woodward proposes aninterventionist account of causation. Such account requires the adoption of a counterfactual analysis of causal claims. However, how should counterfactual ...

We consider a new, flexible and easy-to-implement method to estimate causal effects of an intervention on a single treated unit and when a control group is not readily available. We propose a two-step methodology where in ...