全球智库信息集成服务系统(G2TT): DP11390 FROM LATE TO MTE: ALTERNATIVE METHODS FOR THE EVALUATION OF POLICY INTERVENTIONS

G2TT

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.