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We show that data on subjective expectations, especially on outcomes from counterfactual choices and choice probabilities, are a powerful tool in recovering ex ante treatment effects as well as preferences for different treatments. In this paper we focus on the choice of occupation, and use...
Persistent link: https://www.econbiz.de/10010416773
We show that data on subjective expectations, especially on outcomes from counterfactual choices and choice probabilities, are a powerful tool in recovering ex ante treatment effects as well as preferences for different treatments. In this paper we focus on the choice of occupation, and use...
Persistent link: https://www.econbiz.de/10010418036
school stayers by luring the best students to other schools. This framework results in a simple formula showing that the … students relative to weak students, and the importance of peers. We use the formula to investigate the effects of a voucher … program on the high school graduation rate of the students who would remain in public school. We employ NELS:88 data to …
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