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Alternative approaches to evaluation in empirical microeconomics

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Detalhes bibliográficos
Resumo:Four alternative but related approaches to empirical evaluation of policy interventions are studied: social experiments, natural experiments, matching methods, and instrumental variables. In each case the necessary assumptions and the data requirements are considered for estimation of a number of key parameters of interest. These key parameters include the average treatment effect, the treatment on the treated and the local average treatment effect. Some issues of implemen- tation and interpretation are discussed drawing on the labour market programme evaluation literature.
Autores principais:Blundell, Richard
Outros Autores:Dias, Monica Costa
Assunto:Evaluation methods Matching Instrumental variables Social experiments Natural experiments
Ano:2002
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso restrito
Instituição associada:Universidade de Lisboa
Idioma:inglês
Origem:Repositório da Universidade de Lisboa
Descrição
Resumo:Four alternative but related approaches to empirical evaluation of policy interventions are studied: social experiments, natural experiments, matching methods, and instrumental variables. In each case the necessary assumptions and the data requirements are considered for estimation of a number of key parameters of interest. These key parameters include the average treatment effect, the treatment on the treated and the local average treatment effect. Some issues of implemen- tation and interpretation are discussed drawing on the labour market programme evaluation literature.