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We study the problem of estimating some unknown regression or autoregression function in a B-mixing dependent framework (for the design or the errors). For this end, we consider some collection of models which are finite dimensional spaces. A penalized least-squares estimator (PLSE) is built on...
Persistent link: https://www.econbiz.de/10005671512
Our survey covers the recent developments of the microeconometric literature on evaluation methods. In this field, the … defining and for examining the identifiability conditions of the parameters of interest in any evaluation study. We insist on … matching estimators in the situation where the selectivity depends only on observables, and on differences …
Persistent link: https://www.econbiz.de/10013136874
Market risk management is one of the key factors to success in managing financial institutions. Underestimated risk can have desastrous consequences for individual companies and even whole economies, not least as could be seen during the recent crises. Overestimated risk, on the other side, may...
Persistent link: https://www.econbiz.de/10009575075
In this paper, I assess the employment and income effect of divorce for women in West Germany between 2000 and 2005. With newly available administrative data that allows me to adopt a causal approach, I find strong negative employment effects with respect to marginal employment and strong...
Persistent link: https://www.econbiz.de/10012242292
Propensity score based-estimators are commonly used to estimate causal effects in evaluation research. To reduce bias … matching, inverse probability weighting and doubly robust estimators change under the case of correlated covariates …
Persistent link: https://www.econbiz.de/10010479992
earnings in subsequent employment. Any evaluation needs to take into account that some of those who are not trained at a …
Persistent link: https://www.econbiz.de/10012035113
marginal treatment effect. All of the estimation methods used in the applied evaluation literature, such as matching … evaluation of social programs. The marginal treatment effect is a choice-theoretic parameter that can be interpreted as a …
Persistent link: https://www.econbiz.de/10014024944
This paper discusses the evaluation problem using observational data when the timing of treatment is an outcome of a … suggest easy-to-use nonparametric survival function matching estimators. These estimators can be used to estimate the time …
Persistent link: https://www.econbiz.de/10010261825