Showing 1 - 10 of 2,673
The identification of average causal effects of a treatment in observational studies is typically based either on the unconfoundedness assumption or on the availability of an instrument. When available, instruments may also be used to test for the unconfoundedness assumption (exogeneity of the...
Persistent link: https://www.econbiz.de/10010321134
The identification of average causal effects of a treatment in observational studies is typically based either on the unconfoundedness assumption or on the availability of an instrument. When available, instruments may also be used to test for the unconfoundedness assumption (exogeneity of the...
Persistent link: https://www.econbiz.de/10010284025
Propensity score matching provides an estimate of the effect of a 'treatment' variable on an outcome variable that is … largely free of bias arising from an association between treatment status and observable variables. However, matching methods … undermine the conclusions about causal effects from a matching analysis. Instrumental variables (IV) estimation provides an …
Persistent link: https://www.econbiz.de/10010304029
This paper shows nonparametric identification of quantile treatment effects (QTE) in the regression discontinuity design. The distributional impacts of social programs such as welfare, education, training programs and unemployment insurance are of large interest to economists. QTE are an...
Persistent link: https://www.econbiz.de/10010269846
Macroeconomists have long been concerned with the causal effects of monetary policy. When the identification of causal effects is based on a selection-on-observables assumption, non-causality amounts to the conditional independence of outcomes and policy changes. This paper develops a...
Persistent link: https://www.econbiz.de/10010270625
variables and matching estimators. Very informative administrative Swiss data with detailed regional information are combined …-defined local labour markets. This allows pursuing instrumental variable as well as matching estimation strategies. A specific …
Persistent link: https://www.econbiz.de/10010267957
This paper offers some new directions in the analysis of nonparamertric models with exogenous treatment assignment. The nonparametric approach opens the door to the examination of potentially different distributed outcomes. When combined with cross-validation, it also identifies potentially...
Persistent link: https://www.econbiz.de/10010289871
The need to evaluate the performance of active labour market policies is not questioned any longer. Even though OECD countries spend significant shares of national resources on these measures, unemployment rates remain high or even increase. We focus on microeconometric evaluation which has to...
Persistent link: https://www.econbiz.de/10010267682
We analyze the consequences of counseling provided to job seekers in a standard job search and matching model. It turns …
Persistent link: https://www.econbiz.de/10010268888
using matching methods. Because precise estimation of the expected counterfactual is particularly important in regions …
Persistent link: https://www.econbiz.de/10010276772