Showing 1 - 10 of 696
This paper assesses the effectiveness of unconfoundedness-based estimators of mean effects for multiple or multivalued treatments in eliminating biases arising from nonrandom treatment assignment. We evaluate these multiple treatment estimators by simultaneously equalizing average outcomes among...
Persistent link: https://www.econbiz.de/10013155543
An important goal when analyzing the causal effect of a treatment on an outcome is to understand the mechanisms through which the treatment causally works. We define a causal mechanism effect of a treatment and the causal effect net of that mechanism using the potential outcomes framework. These...
Persistent link: https://www.econbiz.de/10013158662
selection-on-observables type assumptions using matching or propensity score methods. Much of this literature is highly …
Persistent link: https://www.econbiz.de/10013056251
Choosing among a number of available treatments the most suitable for a given subject is an issue of everyday concern. A physician has to choose an appropriate drug treatment or medical treatment for a given patient, based on a number of observed covariates X and prior experience. A case worker...
Persistent link: https://www.econbiz.de/10012779818
This note argues that nonparametric regression not only relaxes functional form assumptions vis-a-vis parametric regression, but that it also permits endogenous control variables. To control for selection bias or to make an exclusion restriction in instrumental variables regression valid,...
Persistent link: https://www.econbiz.de/10013317591
In this paper we study doubly robust estimators of various average treatment effects under unconfoundedness. We unify and extend much of the recent literature by providing a very general identification result which covers binary and multi-valued treatments; unnormalized and normalized weighting;...
Persistent link: https://www.econbiz.de/10013055561
A growing literature on inference in difference-in-differences (DiD) designs with grouped errors has been pessimistic about obtaining hypothesis tests of the correct size, particularly with few groups. We provide Monte Carlo evidence for three points: (i) it is possible to obtain tests of the...
Persistent link: https://www.econbiz.de/10013061928
-nearest neighbour (KNN) matching estimators of average causal effects. This is an interesting result showing that bootstrap should not … valid inference for KNN matching estimators. We resample "estimated individual causal effects" (EICE), i.e. the difference … respect to the matching covariate, we obtain a bootstrap scheme valid also with heterogeneous causal effects where mild …
Persistent link: https://www.econbiz.de/10013135182
We present a semiparametric method to estimate group-level dispersion, which is particularly effective in the presence of censored data. We apply this procedure to obtain measures of occupation-specific wage dispersion using top-coded administrative wage data from the German IAB Employment...
Persistent link: https://www.econbiz.de/10013107726
Propensity score matching estimators have two advantages. One is that they overcome the curse of dimensionality of … covariate matching, and the other is that they are nonparametric. However, the propensity score is usually unknown and needs to … in Smith and Todd (2005) that, if the unconfoundedness assumption fails, the matching results can be sensitive. However …
Persistent link: https://www.econbiz.de/10012784056