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This paper examines the econometric causal model for policy analysis developed by the seminal ideas of Ragnar Frisch and Trygve Haavelmo. We compare the econometric causal model with two popular causal frameworks: Neyman-Holland causal model and the do-calculus. The Neyman-Holland causal model...
Persistent link: https://www.econbiz.de/10012886838
This chapter relates the literature on the econometric evaluation of social programs to the literature in statistics on … “causal inference”. In it, we develop a general evaluation framework that addresses well-posed economic questions and analyzes … causality that build on Cowles Commission econometrics. These models anticipate and extend the literature on causal inference in …
Persistent link: https://www.econbiz.de/10014024945
explain the need for evaluation on the micro- and macroeconomic level, introduce the fundamental evaluation problem and … solutions to it, give an overview of the newer developments in evaluation literature and finally take a look on empirical …
Persistent link: https://www.econbiz.de/10011339682
Persistent link: https://www.econbiz.de/10009688536
approach should create the possibilities of current state observation, progress evaluation and forecasts formulation. The … schools) up to tertiary education institutions. The evaluation of education quality and accessibility ought to be associated …
Persistent link: https://www.econbiz.de/10012994444
Persistent link: https://www.econbiz.de/10013107974
evaluation of social programs. The marginal treatment effect is a choice-theoretic parameter that can be interpreted as a … marginal treatment effect. All of the estimation methods used in the applied evaluation literature, such as matching …
Persistent link: https://www.econbiz.de/10014024944
The recent growth in financial assets trading in emerging markets indicates that more attention is required for the measurement, management and control of risks. In this research study, I discuss the methodological aspects for the assessment of liquidity risk and provide an intuitive approach...
Persistent link: https://www.econbiz.de/10013227400
This paper reviews the main identification and estimation strategies for microeconomic policy evaluation. Particular …
Persistent link: https://www.econbiz.de/10011412411
Persistent link: https://www.econbiz.de/10013168263