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To Hold Out or Not to Hold Out
Schorfheide, Frank - 2013
A recent literature has developed that combines two prominent empirical approaches to ex ante policy evaluation: randomized controlled trials (RCT) and structural estimation. The RCT provides a "gold-standard'' estimate of a particular treatment, but only of that treatment. Structural estimation...
Persistent link: https://www.econbiz.de/10013073955
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On Heckits, Late, and Numerical Equivalence
Kline, Patrick - 2018
Structural econometric methods are often criticized for being sensitive to functional form assumptions. We study parametric estimators of the local average treatment effect (LATE) derived from a widely used class of latent threshold crossing models and show they yield LATE estimates...
Persistent link: https://www.econbiz.de/10012922224
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On the Informativeness of Descriptive Statistics for Structural Estimates
Andrews, Isaiah; Gentzkow, Matthew; Shapiro, Jesse M. - 2021
We propose a way to formalize the relationship between descriptive analysis and structural estimation. A researcher reports an estimate ĉ of a structural quantity of interest c that is exactly or asymptotically unbiased under some base model. The researcher also reports descriptive statistics...
Persistent link: https://www.econbiz.de/10013226184
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The Credibility Revolution in Empirical Economics : How Better Research Design is Taking the Con Out of Econometrics
Angrist, Joshua D. - 2010
This essay reviews progress in empirical economics since Leamer's (1983) critique. Leamer highlighted the benefits of sensitivity analysis, a procedure in which researchers show how their results change with changes in specification or functional form. Sensitivity analysis has had a salutary but...
Persistent link: https://www.econbiz.de/10013147152
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Comparing IV with Structural Models : What Simple IV Can and Cannot Identify
Heckman, James J.; Urzua, Sergio - 2021
This paper compares the economic questions addressed by instrumental variables estimators with those addressed by structural approaches. We discuss Marschak's Maxim: estimators should be selected on the basis of their ability to answer well-posed economic problems with minimal assumptions. A key...
Persistent link: https://www.econbiz.de/10013243395
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The Behavioralist Goes Door-to-Door : Understanding Household Technological Diffusion Using a Theory-Driven Natural Field Experiment
Giaccherini, Matilde - 2019
This paper uses a field experiment to estimate behavioral parameters from a structural model of residential adoption of technology. As our model includes both economic and psychological factors, we are able to identify the role of prices, social norms, social pressure, and curiosity on the...
Persistent link: https://www.econbiz.de/10012864471
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Maternal Stress and Child Outcomes : Evidence from Siblings
Aizer, Anna - 2012
We study how maternal stress affects offspring outcomes. We find that in-utero exposure to elevated levels of the … stress hormone cortisol negatively affects offspring cognition, health and educational attainment. These findings are based … literature linking exogenous exposure to stress hormones in-utero with declines in offspring cognitive, behavioral and motor …
Persistent link: https://www.econbiz.de/10013100132
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Weathering the Storm : Hurricanes and Birth Outcomes
Currie, Janet - 2012
stress, our results are supportive of the idea that stressful events in pregnancy can damage the health of the fetus. However …
Persistent link: https://www.econbiz.de/10013106666
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Fighting Procrastination in the Workplace : An Experiment
Cadena, Ximena - 2014
intervention also improved worker satisfaction and reduced stress levels, without affecting the quality of the loan officers …
Persistent link: https://www.econbiz.de/10013068288
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Work Disability, Work, and Justification Bias in Europe and the U.S
Kapteyn, Arie - 2010
To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question such as "do you have an impairment or health problem limiting the kind or amount of work you can do?" A possible drawback of such a measure is the possibility that different...
Persistent link: https://www.econbiz.de/10013151371