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Causal inference in the empirical sciences is based on counterfactuals. This paper presents the counterfactual account … counterfactuals for the case of a finite number of treatments, and illustrate these using a simple settheoretical framework. The paper …
Persistent link: https://www.econbiz.de/10010262562
The increase in wage inequality in Russia during its transition process has far exceeded the increase in wage dispersion observed in other European countries undergoing transition. Russia also has an extremely large incidence of wage arrears. We analyse to what extent wage arrears affect the...
Persistent link: https://www.econbiz.de/10010262611
In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the question what would happen if African countries were more...
Persistent link: https://www.econbiz.de/10010265984
We consider the issue of illegal migration from Mexico to the US, and examine whether the lack of legal status causally impacts on outcomes, specifically wages and remitting behavior. These outcomes are of particular interest given the extent of legal and illegal migration, and the resulting...
Persistent link: https://www.econbiz.de/10010269592
This paper develops and applies a method for decomposing cross section variability of earnings into components that are forecastable at the time students decide to go to college (heterogeneity) and components that are unforecastable. About 60% of variability in returns to schooling is...
Persistent link: https://www.econbiz.de/10010274207
This paper presents the econometric approach to causal modeling. It is motivated by policy problems. New causal parameters are defined and identified to address specific policy problems. Economists embrace a scientific approach to causality and model the preferences and choices of agents to...
Persistent link: https://www.econbiz.de/10010274247
The increase in wage inequality in Russia during its transition process has far exceeded the increase in wage dispersion observed in other European countries undergoing transition. Russia also has an extremely large incidence of wage arrears. We analyse to what extent wage arrears affect the...
Persistent link: https://www.econbiz.de/10009477499
realisations of the outcome variable of interest and counterfactuals based on no policy intervention, using only the pre …
Persistent link: https://www.econbiz.de/10010398529
Nearly 25 years after the German reunification, vastly different living conditions between East and West Germany still remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of individuals. Wealth provides utility in a number of...
Persistent link: https://www.econbiz.de/10011348211
We develop a simple estimation procedure for general equilibrium (GE) comparative static analysis of gravity models. Non-linear solvers of estimated models are replaced by (constrained) regressions. Applied economists can more readily generate results, with more intuition about the working of...
Persistent link: https://www.econbiz.de/10011388271