G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11390
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
URLhttps://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.
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