Similar Search Results

Dynamic Discrete Choice and Dynamic Treatment Effects

Heckman, James J.; Navarro, Salvador - Institute for the Study of Labor (IZA) - 2005

This paper considers semiparametric identiÞcation of structural dynamic discrete choice models and models for dynamic treatment effects. Time to treatment and counterfactual outcomes associated with treatment times are jointly analyzed. We examine the implicit assumptions of the dynamic...

Persistent link: https://www.econbiz.de/10005822506

Causal Analysis after Haavelmo

Heckman, James J.; Pinto, Rodrigo - 2013

Haavelmo's seminal 1943 paper is the first rigorous treatment of causality. In it, he distinguished the definition of causal parameters from their identification. He showed that causal parameters are de fined using hypothetical models that assign variation to some of the inputs determining...

Persistent link: https://www.econbiz.de/10010329149

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

Heckman, James J.; Navarro-Lozano, Salvador - Institute for the Study of Labor (IZA) - 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/10005703186

Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond

Heckman, James J.; Lochner, Lance J.; Todd, Petra E. - Institute for the Study of Labor (IZA) - 2005

Numerous studies regress log earnings on schooling and report estimated coefficients as "Mincer rates of return". A more recent literature uses instrumental variables. This chapter considers the economic interpretation of these analyses and how the availability of repeated cross section and...

Persistent link: https://www.econbiz.de/10005763483

Tests of hypotheses arising in the correlated random coefficient model

Heckman, James J.; Schmierer, Daniel - 2010

This paper examines the correlated random coefficient model. It extends the analysis of Swamy (1971, 1974), who pioneered the uncorrelated random coefficient model in economics. We develop the properties of the correlated random coefficient model and derive a new representation of the variance...

Persistent link: https://www.econbiz.de/10010274693

Inference with imperfect randomization: The case of the Perry Preschool program

Heckman, James J.; Pinto, Rodrigo; Shaikh, Azeem M.; … - 2011

This paper considers the problem of making inferences about the effects of a program on multiple outcomes when the assignment of treatment status is imperfectly randomized. By imperfect randomization we mean that treatment status is reassigned after an initial randomization on the basis of...

Persistent link: https://www.econbiz.de/10010278442

Identification problems in personality psychology

Borghans, Lex; Golsteyn, Bart; Heckman, James J.; … - 2011

This paper discusses and illustrates identification problems in personality psychology. The measures used by psychologists to infer traits are based on behaviors, broadly defined. These behaviors are produced from multiple traits interacting with incentives in situations. In general, measures...

Persistent link: https://www.econbiz.de/10010278574

Integrating personality psychology into economics

Heckman, James J. - 2011

This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology.

Persistent link: https://www.econbiz.de/10010280682