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"This paper uses the marginal treatment effect (MTE) to unify the nonparametric literature on treatment effects with the econometric literature on structural estimation using a nonparametric analog of a policy invariant parameter; to generate a variety of treatment effects from a common semiparametric functional form; to organize the literature on alternative estimators; and to explore what policy questions commonly used estimators in the treatment effect literature answer. A fundamental asymmetry intrinsic to the method of instrumental variables is noted. Recent advances in IV estimation allow for heterogeneity in responses but not in choices, and the method breaks down when both choice and response equations are heterogeneous in a general way"--National Bureau of Economic Research web site.
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Subjects
Economic policy, Economics, Mathematical models, MethodologyShowing 2 featured editions. View all 2 editions?
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Structural equations, treatment effects, and econometric policy evaluation
2005, National Bureau of Economic Research
Electronic resource
in English
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Structural equations, treatment effects, and econometric policy evaluation
2005, National Bureau of Economic Research
in English
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Edition Notes
"March 2005."
Includes bibliographical references (p. 67-71).
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Feedback?December 13, 2020 | Edited by MARC Bot | import existing book |
December 3, 2010 | Edited by Open Library Bot | Added subjects from MARC records. |
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