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cannot detect a signi.cant contribution of fiscal policies in stabilizing the US economy. For instance, the 2007-2009 large …
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effects of the Hartz IV reform. We calibrate the model economy to German data before the reform and then use the calibrated … model economy to simulate the effects of Hartz IV. In our baseline calibration, we find that the reform has reduced the long …
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We develop a nonparametric instrumental variable approach for the estimation of average treatment effects on hazard rates and conditional survival probabilities, without model structure.We derive constructive identification proofs for average treatment effects under noncompliance and dynamic...
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