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Matching Methods in Practice: Three Examples

Imbens, Guido W. - Institute for the Study of Labor (IZA) - 2014

There is a large theoretical literature on methods for estimating causal effects under unconfoundedness, exogeneity, or selection-on-observables type assumptions using matching or propensity score methods. Much of this literature is highly technical and has not made inroads into empirical...

Persistent link: https://www.econbiz.de/10010884265

Policy Discontinuity and Duration Outcomes

den Berg, Gerard J. van; Bozio, Antoine; Costa Dias, Monica - Institute for the Study of Labor (IZA) - 2014

Causal effects of a policy change on hazard rates of a duration outcome variable are not identified from a comparison of spells before and after the policy change, if there is unobserved heterogeneity in the effects and no model structure is imposed. We develop a discontinuity approach that...

Persistent link: https://www.econbiz.de/10010959649

Parental Education and Offspring Outcomes: Evidence from the Swedish Compulsory Schooling Reform

Lundborg, Petter; Nilsson, Anton; Rooth, Dan-Olof - Institute for the Study of Labor (IZA) - 2012

In this paper, we exploit the Swedish compulsory schooling reform in order to estimate the causal effect of parental education on son's outcomes. We use data from the Swedish enlistment register on the entire population of males and focus on outcomes such as cognitive skills, non-cognitive...

Persistent link: https://www.econbiz.de/10011279264

Policy Evaluation and Economic Policy Advice

Schmidt, Christoph M. - Institute for the Study of Labor (IZA) - 2007

emergence of systematic policy evaluation, with its distinct focus on the establishment of causality. By contrast to the natural …

Persistent link: https://www.econbiz.de/10005233833

Integrating Personality Psychology into Economics

Heckman, James J. - Institute for the Study of Labor (IZA) - 2011

This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology.

Persistent link: https://www.econbiz.de/10009278194

Econometric Causality

Heckman, James J. - Institute for the Study of Labor (IZA) - 2008

parameters are defined and identified to address specific policy problems. Economists embrace a scientific approach to causality …. Anticipated and realized subjective and objective outcomes are distinguished. Models for simultaneous causality are developed. The … paper contrasts the Neyman-Rubin model of causality with the econometric approach. …

Persistent link: https://www.econbiz.de/10005703376

Self-Selection and the Returns to Geographic Mobility: What Can Be Learned from the German Reunification "Experiment"

Zaiceva, Anzelika - Institute for the Study of Labor (IZA) - 2006

This paper investigates the causal effect of geographic mobility on income. The returns to German East-West migration and commuting are estimated, exploiting the structure of centrally planned economies and a "natural experiment" of German reunification for identification. I find that the...

Persistent link: https://www.econbiz.de/10005703516

Recent Developments in the Econometrics of Program Evaluation

Imbens, Guido W.; Wooldridge, Jeffrey M. - Institute for the Study of Labor (IZA) - 2008

Many empirical questions in economics and other social sciences depend on causal effects of programs or policies. In the last two decades much research has been done on the econometric and statistical analysis of the effects of such programs or treatments. This recent theoretical literature has...

Persistent link: https://www.econbiz.de/10005822300

Causal Effects of Monetary Shocks: Semiparametric Conditional Independence Tests with a Multinomial Propensity Score

Angrist, Joshua; Kuersteiner, Guido M. - Institute for the Study of Labor (IZA) - 2008

effects is based on a selection-on-observables assumption, non-causality amounts to the conditional independence of outcomes … a time series setting. This leads to a generalized definition of Sims (1980) causality. A technical contribution is the …

Persistent link: https://www.econbiz.de/10005822414

Health and Wealth of Elderly Couples: Causality Tests Using Dynamic Panel Data Models

Michaud, Pierre-Carl; van Soest, Arthur - Institute for the Study of Labor (IZA) - 2004

analyzes causality from health to wealth (health causation) and from wealth to health (wealth or social causation) for elderly … recently developed strategy using Granger causality tests of Adams et al. (2003, Journal of Econometrics) with tests for … causality in dynamic panel data models incorporating unobserved heterogeneity. While Adams et al. tests reject the hypothesis of …

Persistent link: https://www.econbiz.de/10005763570