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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11390 |
DP11390 FROM LATE TO MTE: ALTERNATIVE METHODS FOR THE EVALUATION OF POLICY INTERVENTIONS | |
Christian Dustmann; Thomas Cornelissen; Anna Raute; Uta Schoenberg | |
发表日期 | 2016-07-14 |
出版年 | 2016 |
语种 | 英语 |
摘要 | This paper provides an introduction into the estimation of Marginal Treatment Effects (MTE). Compared to the existing surveys on the subject, our paper is less technical and speaks to the applied economist with a solid basic understanding of econometric techniques who would like to use MTE estimation. Our framework of analysis is a generalized Roy model based on the potential outcomes framework, within which we define different treatment effects of interest, and review the well-known case of IV estimation with a discrete instrument resulting in a local average treatment effect (LATE). Turning to IV estimation with a continuous instrument we demonstrate that the 2SLS estimator may be viewed as a weighted average of LATEs, and discuss MTE estimation as an alternative and more informative way of exploiting a continuous instrument. We clarify the assumptions underlying the MTE framework and illustrate how the MTE estimation is implemented in practice. |
主题 | Labour Economics |
关键词 | Marginal treatment effects Instrumental variables Heterogeneous effects |
URL | https://cepr.org/publications/dp11390 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540204 |
推荐引用方式 GB/T 7714 | Christian Dustmann,Thomas Cornelissen,Anna Raute,et al. DP11390 FROM LATE TO MTE: ALTERNATIVE METHODS FOR THE EVALUATION OF POLICY INTERVENTIONS. 2016. |
条目包含的文件 | 条目无相关文件。 |
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