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Even if assignment of treatment is purely exogenous, estimating treatment effects may suffer from severe bias if the available sample is subject to nonrandom sample selection/attrition. Lee (Review of Economic Studies, 2009) addresses this issue by proposing an estimator for treatment effect...
Persistent link: https://www.econbiz.de/10010820062
Despite its frequent use in applied work, nonparametric approaches to efficiency analysis, namely data envelopment analysis (DEA) and free disposal hull (FDH), have bad reputations among econometricians. This is mainly due to DEA and FDH representing deterministic approaches that are highly...
Persistent link: https://www.econbiz.de/10009189394