Showing 1 - 10 of 42
This paper presents semiparametric estimators of distributional impacts of interventions (treatment) when selection to the program is based on observable characteristics. Distributional impacts of a treatment are calculated as differences in inequality measures of the potential outcomes of...
Persistent link: https://www.econbiz.de/10010269881
We show that the main nonparametric identification finding of Abbring and Van den Berg (2003b, Econometrica) for the effect of a timing-chosen treatment on an event duration of interest does not hold. The main problem is that the identification is based on the competing-risks identification...
Persistent link: https://www.econbiz.de/10011543606
Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...
Persistent link: https://www.econbiz.de/10011509388
The issue of quality and its relationship with efficiency and performance is a crucial operational issue in many fields of study including production economics, operations research, engineering and business management. In this paper we provide a methodology for identifying latent quality...
Persistent link: https://www.econbiz.de/10011986764
In this paper, we suggest an approach to recovering behavior-related, preference-choice network information from observational data. We model the process as a self-organized behavior based random exponential network-graph system. To address the unknown nature of the sampling model in recovering...
Persistent link: https://www.econbiz.de/10011568326
The increasing exposure to renewable energy has amplified the need for risk management in electricity markets. Electricity price risk poses a major challenge to market participants. We propose an approach to model and fore- cast electricity prices taking into account information on renewable...
Persistent link: https://www.econbiz.de/10011538153
This paper studies nonparametric series estimation and inference for the effect of a single variable of interest x on an outcome y in the presence of potentially high-dimensional conditioning variables z. The context is an additively separable model E[y|x, z] = g0(x) + h0(z). The model is...
Persistent link: https://www.econbiz.de/10011824426
Persistent link: https://www.econbiz.de/10001833591
This paper presents semiparametric estimators of distributional impacts of interventions (treatment) when selection to the program is based on observable characteristics. Distributional impacts of a treatment are calculated as differences in inequality measures of the potential outcomes of...
Persistent link: https://www.econbiz.de/10003944723
The fundamental problem of external validity is not to generalize from one experiment, so much as to experimentally test generalizable theories. That is, theories that explain the systematic variation of causal effects across contexts. Here we show how the graphical language of causal diagrams...
Persistent link: https://www.econbiz.de/10009789052