Showing 1 - 10 of 1,891
both the statistics and econometrics literatures. It has by now reached a level of maturity that makes it an important tool …
Persistent link: https://www.econbiz.de/10013311950
This paper reviews some of the econometric methods that have been used in the economics of education. The focus is on … interpretation of the results. We start by considering the estimation of the returns to education both within the context of a … of assessing the impact of education quality, the teacher contribution to pupils' achievement and the effect of school …
Persistent link: https://www.econbiz.de/10013143183
, Education, Environment, Labor, Health, and Public Finance, but are still rare in Industrial Organization and Macroeconomics. We …
Persistent link: https://www.econbiz.de/10013147152
The average effect of intervention or treatment is a parameter of interest in both epidemiology and econometrics. A key … nonlinear models. Most latent index models commonly applied to qualitative outcomes in econometrics fail to satisfy these …
Persistent link: https://www.econbiz.de/10013231434
This paper presents the econometric approach to causal modeling. It is motivated by policy problems. New causal parameters are defined and identified to address specific policy problems. Economists embrace a scientific approach to causality and model the preferences and choices of agents to...
Persistent link: https://www.econbiz.de/10012759383
Persistent link: https://www.econbiz.de/10012933538
Economics and history both strive to understand causation: economics using instrumental variables econometrics and …
Persistent link: https://www.econbiz.de/10013131513
In empirical work in economics it is common to report standard errors that account for clustering of units. Typically, the motivation given for the clustering adjustments is that unobserved components in outcomes for units within clusters are correlated. However, because correlation may occur...
Persistent link: https://www.econbiz.de/10012943620
This paper uses newly available Chinese micro data to estimate the return to college education for late 20th century … return to education has increased substantially in China, compared to the returns measured in the 1980's and the early 1990's …
Persistent link: https://www.econbiz.de/10013221843
A multi-faceted program comprising a grant of productive assets, training, coaching, and savings has been found to build sustainable income for those in extreme poverty. We focus on two important questions: whether a mere grant of productive assets would generate similar impacts (it does not),...
Persistent link: https://www.econbiz.de/10012928321