Similar Search Results

Heckman, James J.; Pinto, Rodrigo - 2022

This paper examines the econometric causal model for policy analysis developed by the seminal ideas of Ragnar Frisch and Trygve Haavelmo. We compare the econometric causal model with two popular causal frameworks: Neyman-Holland causal model and the do-calculus. The Neyman-Holland causal model...

Persistent link: https://www.econbiz.de/10014083857

The Devil is in the Tails : Regression Discontinuity Design with Measurement Error in the Assignment Variable

Pei, Zhuan - 2016

Identification in a regression discontinuity (RD) design hinges on the discontinuity in the probability of treatment when a covariate (assignment variable) exceeds a known threshold. If the assignment variable is measured with error, however, the discontinuity in the first stage relationship...

Persistent link: https://www.econbiz.de/10012979862

Simple Tests for Selection Bias : Learning More from Instrumental Variables

Black, Dan A. - 2015

We provide simple tests for selection on unobserved variables in the Vytlacil-Imbens-Angrist framework for Local Average Treatment Effects. The tests allow researchers not only to test for selection on either or both of the treated and untreated outcomes, but also to assess the magnitude of the...

Persistent link: https://www.econbiz.de/10013015009

What Happens When Econometrics and Psychometrics Collide? An Example Using the PISA Data

Jerrim, John Peter - 2017

International large-scale assessments such as PISA are increasingly being used to benchmark the academic performance of young people across the world. Yet many of the technicalities underpinning these datasets are misunderstood by applied researchers, who sometimes fail to take their complex...

Persistent link: https://www.econbiz.de/10012952602

Causal Analysis after Haavelmo

Heckman, James J. - 2013

Haavelmo's seminal 1943 paper is the first rigorous treatment of causality. In it, he distinguished the definition of causal parameters from their identification. He showed that causal parameters are de fined using hypothetical models that assign variation to some of the inputs determining...

Persistent link: https://www.econbiz.de/10013074885

An Oaxaca Decomposition for Nonlinear Models

Bazen, Stephen - 2016

The widely used Oaxaca decomposition applies to linear models. Extending it to commonly used nonlinear models such as … duration models is not straightforward. This paper shows that the original decomposition that uses a linear model can also be … obtained by an application of the mean value theorem. By extension, this basis provides a means of obtaining a decomposition …

Persistent link: https://www.econbiz.de/10012992744

The Econometrics of Antidotal Variables

Das, Tirthatanmoy; Polachek, Solomon W. - 2022

Some interventions or population attributes negate the effects of a treatment. This paper shows that incorporating these, what we call antidotal variables (AV), into a causal treatment effects analysis can with one cross-sectional regression identify the true causal effect, in addition to...

Persistent link: https://www.econbiz.de/10014076718

Bounding the Joint Distribution of Disability and Employment with Contaminated Data

Liu, Ding; Millimet, Daniel L. - 2022

Understanding the relationship between disability and employment is critical and has long been the subject of study. However, estimating this relationship is difficult, particularly with survey data, since both disability and employment status are known to be misreported. Here, we use a partial...

Persistent link: https://www.econbiz.de/10014084086

Revisiting Gender Identity and Relative Income within Households : A Cautionary Tale on the Potential Pitfalls of Density Estimators

Kühnle, Daniel; Oberfichtner, Michael; Ostermann, Kerstin - 2022

We show that Bertrand et al.'s (QJE 2015) finding of a sharp drop in the relative income distribution within married couples at the point where wives start to earn more than their husbands is unstable across different estimation procedures and varies across contexts. We apply the estimators by...

Persistent link: https://www.econbiz.de/10014236403

Minu, Startu and All that : Pitfalls in Estimating the Sensitivity of a Worker's Wage to Aggregate Unemployment

Martins, Pedro S. - 2011

In this paper we show that panel estimates of tenure specific sensitivity to the business cycle of wages is subject to serious pitfalls. Three canonical variates used in the literature – the minimum unemployment rate during a worker's time at the firm (min u), the unemployment rate at the...

Persistent link: https://www.econbiz.de/10013129919