Showing 1 - 5 of 5
We highlight the role of local instrumental variable (LIV) methods in exploring treatment effect heterogeneity using an … phenomenon known as essential heterogeneity. Under essential heterogeneity, the traditional instrumental variable (IV) method … allow exploring heterogeneity in treatment effects over levels of observed confounders. In the PHI analysis, we estimate an …
Persistent link: https://www.econbiz.de/10009145913
We highlight the role of local instrumental variable (LIV) methods in exploring treatment effect heterogeneity using an … giving rise to a phenomenon known as essential heterogeneity. Under essential heterogeneity, the traditional instrumental … Effect on the Treated (TT). LIV methods also allow exploring heterogeneity in treatment effects over levels of observed …
Persistent link: https://www.econbiz.de/10009364544
'. It does this by including heterogeneity in the actions of households through their access to capital markets …
Persistent link: https://www.econbiz.de/10010659529
The 2008 financial crisis and subsequent global economic downturn has brought fiscal policy back onto the political and academic agenda. Despite the vast literature, the discussion is primarily focused upon the fiscal policy multiplier. This positive analysis omits normative consequences from...
Persistent link: https://www.econbiz.de/10010659530
controlling for intercept heterogeneity and identifying effects of timevarying variables. This paper investigates the usefulness … of random coecient models in con- trolling for heterogeneity in well-being and the marginal utility of income, and … explores whether these forms of heterogeneity depend on the Big-Five personality traits. Using unique Australian longitudinal …
Persistent link: https://www.econbiz.de/10009650187