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Having close linkages with the counterfactual concept of causality, nonparametric matching estimators have recently … causal model (RCM), the paper discusses the implementation of counterfactual analyses by propensity score matching methods … underlying matching methods relative to standard regression analysis. We then illustrate the application of matching estimators …
Persistent link: https://www.econbiz.de/10010260677
Many empirical questions in economics and other social sciences depend on causal effects of programs or policies. In the last two decades much research has been done on the econometric and statistical analysis of the effects of such programs or treatments. This recent theoretical literature has...
Persistent link: https://www.econbiz.de/10005822300
Many empirical questions in economics and other social sciences depend on causal effects of programs or policies. In the last two decades much research has been done on the econometric and statistical analysis of the effects of such programs or treatments. This recent theoretical literature has...
Persistent link: https://www.econbiz.de/10010268788
We describe a means of rejecting a null hypothesis concerning observed, but not deliberately manipulated, variables of the form H0: A -/- B in favor of an alternative hypothesis HA: A -- B, even given the possibility of causally related unobserved variables. Rejection of such an H0 relies on the...
Persistent link: https://www.econbiz.de/10009002519
Persistent link: https://www.econbiz.de/10014317460
After the Global Financial Crisis a controversial rush to fiscal austerity followed in many countries. Yet research on the effects of austerity on macroeconomic aggregates was and still is unsettled, mired by the difficulty of identifying multipliers from observational data. This paper...
Persistent link: https://www.econbiz.de/10011122549
After the Global Financial Crisis a controversial rush to fiscal austerity followed in many countries. Yet research on the effects of austerity on macroeconomic aggregates was and still is unsettled, mired by the difficulty of identifying multipliers from observational data. This paper...
Persistent link: https://www.econbiz.de/10010460734
After the Global Financial Crisis a controversial rush to fiscal austerity followed in many countries. Yet research on the effects of austerity on macroeconomic aggregates was and still is unsettled, mired by the difficulty of identifying multipliers from observational data. This paper...
Persistent link: https://www.econbiz.de/10010463587
Persistent link: https://www.econbiz.de/10012665781
Persistent link: https://www.econbiz.de/10013253517