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The probability of selection into treatment plays an important role in matching and selection models. However, this probability can often not be consistently estimated, because of choice-based sampling designs with unknown sampling weights. This note establishes that the selection and matching...
Persistent link: https://www.econbiz.de/10003879339
This paper develops methods for evaluating marginal policy changes. We characterize how the effects of marginal policy changes depend on the direction of the policy change, and show that marginal policy effects are fundamentally easier to identify and to estimate than conventional treatment...
Persistent link: https://www.econbiz.de/10003879358
This paper studies the identification and estimation of preferences and technologies in equilibrium hedonic models. In it, we identify nonparametric structural relationships with nonadditive heterogeneity. We determine what features of hedonic models can be identified from equilibrium...
Persistent link: https://www.econbiz.de/10003879363
Persistent link: https://www.econbiz.de/10003869219
This paper develops methods for evaluating marginal policy changes. We characterize how the effects of marginal policy changes depend on the direction of the policy change, and show that marginal policy effects are fundamentally easier to identify and to estimate than conventional treatment...
Persistent link: https://www.econbiz.de/10003869267
Persistent link: https://www.econbiz.de/10003869499
Persistent link: https://www.econbiz.de/10003869651
This paper explores the interface between personality psychology and economics. We examine the predictive power of personality and the stability of personality traits over the life cycle. We develop simple analytical frameworks for interpreting the evidence in personality psychology and suggest...
Persistent link: https://www.econbiz.de/10003870344
This paper applies a unified methodology to multiple data sets to estimate both the levels and trends in U.S. high school graduation rates. We establish that (a) the true high school graduation rate is substantially lower than widely used measures; (b) the U.S. graduation rate peaked in the...
Persistent link: https://www.econbiz.de/10003870346
Persistent link: https://www.econbiz.de/10003870348