Policy analysis had long been a main interest of Clive Granger s. Here, we present a framework for economic policy analysis that provides a novel integration of several fundamental concepts at the heart of Granger s contributions to time-series analysis. We work with a dynamic structural system...

This paper proposes a nonparametric test for conditional independence that is easy to implement, yet powerful in the sense that it is consistent and achieves n^{-1/2} local power. The test statistic is based on an estimator of the topological "distance" between restricted and unrestricted...

In this paper we study nonparametric estimation in a binary treatment model where the outcome equation is of unrestricted form, and the selection equation contains multiple unobservables that enter through a nonparametric random coefficients specification. This specification is flexible because...

This paper introduces average treatment effects conditional on the outcomes variable in an endogenous setup where outcome Y, treatment X and instrument Z are continuous. These objects allow to refine well studied treatment effects like ATE and ATT in the case of continuous treatment (see Florens...