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Program evaluation and random program starts

Fredriksson, Peter; Johansson, Per-Olov - 2003

This paper discusses the evaluation problem using observational data when the timing of treatment is an outcome of a stochastic process. We show that, without additional assumptions, it is not possible to estimate the average treatment effect and treatment on the treated. It is, however,...

Persistent link: https://www.econbiz.de/10011514133

Generalized propensity scores for multiple continuous treatment variables

Egger, Peter; Ehrlich, Maximilian von - 2013

This paper illustrates that the generalized propensity score method can easily be applied with multiple continuous endogenous treatment variables. Consistency proofs carry over straightforwardly to this general case, and the approach is shown to work well in finite samples with various...

Persistent link: https://www.econbiz.de/10009691700

Should UI benefits really fall over time?

Hassler, John; Rodríguez Mora, José Vicente - 2002

The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in an analytically tractable model allowing moral hazard, adverse selection and hidden savings. Analytical results show that when the search productivity of unemployed is constant over...

Persistent link: https://www.econbiz.de/10011513998

Unemployment and endogenous reallocation over the business cycle

Carrillo-Tudela, Carlos; Visschers, Ludo - 2020

unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational … mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … duration distribution, among others. Our analysis shows that "excess" occupational mobility due to workers’ changing career …

Persistent link: https://www.econbiz.de/10012219107

Quick job entry or long-term human capital development? : the dynamic effects of alternative training schemes

Osikominu, Aderonke - 2012

the low-cost short-term training schemes are cost efficient in the short run. -- training ; program evaluation ; duration …

Persistent link: https://www.econbiz.de/10009540098

Dissecting characteristics nonparametrically

Freyberger, Joachim; Neuhierl, Andreas; Weber, Michael - 2018 - This version: July 2018

We propose a nonparametric method to study which characteristics provide incremental information for the cross section of expected returns. We use the adaptive group LASSO to select characteristics and to estimate how they affect expected returns nonparametrically. Our method can handle a large...

Persistent link: https://www.econbiz.de/10011888693

Nonparametric welfare analysis for discrete choice : levels and differences of individual and social welfare

Capéau, Bart; De Sadeleer, Liebrecht; Maes, Sebastiaan; … - 2021

Empirical welfare analyses often impose stringent parametric assumptions on individuals' preferences and neglect unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these...

Persistent link: https://www.econbiz.de/10012513281

Nonparametric identification of production function, total factor productivity, and markup from revenue data

Kasahara, Hiroyuki; Sugita, Yoichi - 2020

Commonly used methods of production function estimation assume that a firm's output quantity can be observed as data, but typical datasets contain only revenue, not output quantity. We examine the nonparametric identification of production function from revenue data when a firm faces a general...

Persistent link: https://www.econbiz.de/10012308513

The causal component in the intergenerational transmission of income

Haan, Monique de; Stubhaug, Magnus - 2024

We apply a partial identification analysis using comprehensive Norwegian register data to investigate the causal effect of father’s income on child income. We find a strong association between the incomes of fathers and children. The causal effect, however, equals at least 1% and at most 51%...

Persistent link: https://www.econbiz.de/10015077749

Identification of causal mechanisms based on between-subject double randomization designs

Wunsch, Conny; Strobl, Renate - 2018

Understanding the mechanisms through which treatment effects come about is crucial for designing effective interventions. The identification of such causal mechanisms is challenging and typically requires strong assumptions. This paper discusses identification and estimation of natural direct...

Persistent link: https://www.econbiz.de/10011872941