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We develop a method to identify the individual latent propensity to select into treatment and marginal treatment effects. Identification is achieved with survey data on individuals' subjective expectations of their treatment propensity and of their treatmentcontingent outcomes. We use the method...
Persistent link: https://www.econbiz.de/10014505326
Earnings risk is central to economic analysis. While this risk is essentially subjective, it is typically inferred from administrative data. Following the lead of Dominitz and Manski (1997), we introduce a survey instrument to measure subjective earnings risk. We pay particular attention to the...
Persistent link: https://www.econbiz.de/10014240014
Persistent link: https://www.econbiz.de/10014249286
Despite its centrality in monetary policy, communication is not a focus in social security reform. We investigate the potential for active communication to dissipate apparently widespread public confusion about the future of social security. We implement a simple information treatment in which...
Persistent link: https://www.econbiz.de/10013462693
We study how individual unemployment expectations are shaped and updated using a unique longitudinal survey data set with subjective unemployment expectations. The survey data is linked with third-party reported administrative data on unemployment realizations, such that we are able to examine...
Persistent link: https://www.econbiz.de/10013468547
We develop a method to identify the individual latent propensity to select into treatment and marginal treatment effects. Identification is achieved with survey data on individuals' subjective expectations of their treatment propensity and of their treatment-contingent outcomes. We use the...
Persistent link: https://www.econbiz.de/10014528349
Persistent link: https://www.econbiz.de/10014233272