. We show that in this case the evaluation problem can be divided into two parts: (i) the effect of the intervention on …

. Evaluation studies of such programmes commonly rely on the conditional independence assumption (CIA), allowing a causal … success, these variables were neglected in evaluation studies so far due to data limitations. In this paper, we evaluate a new … start-up subsidy for unemployed individuals in Germany using propensity score matching under the CIA. Having access to rich …