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Identification and estimation of causal effects of multiple treatments under the conditional independence assumption
Lechner, Michael - 1999
the approach retains its basic simplicity. The paper also outlines a matching estimator potentially suitable in that …
Persistent link: https://www.econbiz.de/10011317474
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Conditional systemic risk with penalized copula
Okhrin, Ostap; Ristig, Alexander; Sheen, Jeffrey R.; … - 2015
Financial contagion and systemic risk measures are commonly derived from conditional quantiles by using imposed model assumptions such as a linear parametrization. In this paper, we provide model free measures for contagion and systemic risk which are independent of the specifcation of...
Persistent link: https://www.econbiz.de/10011309638
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Statistical matching using propensity scores : theory and application to the Levy Institute measure of economic well-being
Kum, Hyunsub (contributor); Masterson, Thomas (contributor) - 2008
This paper summarizes the background, type, logic, and working procedure of the statistical matching used in the Levy … Demographic Survey of the Current Population Survey data sets to demonstrate the procedure and results of the matching. Challenges … Matching ; Survey of Consumer Finances ; Annual Demographic Supplement ; Distribution of Income and Wealth …
Persistent link: https://www.econbiz.de/10003727292
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The microeconometric estimation of treatment effects : an overview
Caliendo, Marco (contributor); Hujer, Reinhard (contributor) - 2005
evaluation. -- evaluation ; effect heterogeneity ; matching ; dynamic treatments …
Persistent link: https://www.econbiz.de/10003094328
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Correcting for primary study misspecifications in meta-analysis
Koetse, Mark J.; Florax, Raymond J. G. M.; Groot, Henri … - 2005
In non-experimental sciences the errors associated with model misspecifications in primarystudies carry over to meta-analysis. We use Monte Carlo simulations to analyse the effects ofthese misspecifications on results of a meta-analysis using a meta-estimator that calculates asimple average...
Persistent link: https://www.econbiz.de/10011343283
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Knowing what works : the case for rigorous program evaluation
Schmidt, Christoph M. - 1999
Since interventions by the public sector generally commit substantial societal resources, the evaluation of effects and costs of policy interventions is imperative. This paper outlines why program evaluation should follow well-respected scientific standards and why it should be performed by...
Persistent link: https://www.econbiz.de/10011316914
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The economic inefficiency of grid parity : the case of German photovoltaics
Jägemann, Cosima Claudia; Hagspiel, Simeon; … - 2013
Since PV grid paraity has already been achieved in Germany, households are given an indirect financial incentive to invest in PV and battery storage capacities. This paper analyzes the economic consequences of the household's optimization behavior induced by the indirect financial incentive for...
Persistent link: https://www.econbiz.de/10010224829
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A note on regressions with interval data on a regressor
Cerquera, Daniel; Laisney, François; Ullrich, Hannes - 2014
Motivated by Manski and Tamer (2002) and especially their partial identification analysis of the regression model where one covariate is only interval-measured, we present two extensions. Manski and Tamer (2002) propose two estimation approaches in this context, focussing on general results. The...
Persistent link: https://www.econbiz.de/10010417444
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Considerations on partially identified regression models
Cerquera, Daniel; Laisney, François; Ullrich, Hannes - 2012
Motivated by Manski and Tamer (2002) and especially their partial identification analysis of the regression model where one covariate is only interval-measured, we offer several contributions. Manski and Tamer (2002) propose two estimation approaches in this context, focussing on general...
Persistent link: https://www.econbiz.de/10009520675
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Evaluating environmental programs : the perspective of modern evaluation research
Frondel, Manuel; Schmidt, Christoph M. - 2001
Large-scale environmental programs generally commit substantial societal resources, making the evaluation of their actual effects on the relevant outcomes imperative. As the example of the subsidization of energy-saving appliances illustrates, much of the applied environmental economics...
Persistent link: https://www.econbiz.de/10011446934