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Nonparametric Identification and Estimation of Nonadditive Hedonic Models

Heckman, James J. - 2009

This paper studies the identification and estimation of preferences and technologies in equilibrium hedonic models. In it, we identify nonparametric structural relationships with nonadditive heterogeneity. We determine what features of hedonic models can be identified from equilibrium...

Persistent link: https://www.econbiz.de/10012463423

Simulation and Estimation of Nonaddative Hedonic Models

Heckman, James J. - 2003

Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...

Persistent link: https://www.econbiz.de/10012468802

A Note on Adapting Propensity Score Matching and Selection Models to Choice Based Samples

Heckman, James J. - 2009

The probability of selection into treatment plays an important role in matching and selection models. However, this … note establishes that the selection and matching procedures can be implemented using propensity scores fit on choice …

Persistent link: https://www.econbiz.de/10012463470

Using Matching, Instrumental Variables and Control Functions to Estimate Economic Choice Models

Heckman, James J. - 2003

selection) in matching, instrumental variable and control functions methods. (2) It contrasts the roles of exclusion … restrictions in matching and selection models. (3) It characterizes the sensitivity of matching to the choice of conditioning …. (4) It demonstrates the problem of choosing the conditioning variables in matching and the failure of conventional model …

Persistent link: https://www.econbiz.de/10012469205

On Criteria for Evaluating Social Programs

García García-Menéndez, Jorge Luis; Heckman, James J. - National Bureau of Economic Research - 2022

This paper examines the economic foundations of some recently proposed criteria for evaluating the benefits of social programs. These criteria are appropriate for comparing a class of revenue-constant policies. They replace foundational principles of social opportunity costs with accounting...

Persistent link: https://www.econbiz.de/10013191099

Building Bridges Between Structural and Program Evaluation Approaches to Evaluating Policy

Heckman, James J. - 2010

This paper compares the structural approach to economic policy analysis with the program evaluation approach. It offers …

Persistent link: https://www.econbiz.de/10012462546

Evaluating the Welfare State

Heckman, James J. - 1998

-used econometric evaluation estimators and relate them to the requirements of a comprehensive cost-benefit analysis. We present … evidence on how the inference from the most commonly used econometric evaluation estimator is modified when the direct costs of …

Persistent link: https://www.econbiz.de/10012472265