The paper deals with the analysis of causal effects of venture capital finance for new firms' growth. The crucial criterion for venture capitalists to invest in young firms is the expectation of growth of those investments. Hence, selection biases between the group of venture-backed firms and...

This paper evaluates the direct effects of the Slovenian public work program on the youth. The effectiveness of the program is measured by re-employment probability. A Heckman correction of selection is applied to estimate the average program effects. The Heckman selection estimator is an...

This paper evaluates two Swedish active labour market programmes for youth, namely youth practice and labour market training. A non-parametric matching approach is applied to estimate the average program effects. Moreover, the results obtained by matching are compared to results from standard...

This paper evaluates two Swedish active labour market programmes for youth, namely youth practice and labour market training. A non-parametric matching approach is applied to estimate the average program effects. Moreover, the results obtained by matching are compared to results from standard...

This paper evaluates two Swedish active labour market programmes for youth, namely youth practice and labour market training. A non-parametric matching approach is applied to estimate the average program effects. Moreover, the results obtained by matching are compared to results from standard...

The dynamic properties of the The New Keynesian Phillips curve (NPC) is analysed within the framework of a small system of linear difference equations. We evaluate the empirical results of existing studies which uses 'Euroland' and US data. The debate has been centered around the...

We apply a suite of models to produce quasi-real-time density forecasts of Norwegian GDP and inflation, and evaluate different combination and selection methods using the Kullback-Leibler information criterion (KLIC). We use linear and logarithmic opinion pools in conjunction with various...

Non-experimental evaluations of programs compare individuals who choose to participate in a program to individuals who do not. Such comparisons run the risk of conflating non-random selection into the program with its causal effects. By randomly assigning individuals to participate in the...

Estimates of economic activity generated and jobs created that are derived using input-output analysis are often presented in program evaluations and confused with the benefits resultin g from die program. Two such cases are presented as examples. We argue that for two main reasons this type of...