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dc.contributor.authorCarneiro, Pedroen_US
dc.contributor.authorHansen, Karsten T.en_US
dc.contributor.authorHeckman, James Josephen_US
dc.date.accessioned2009-01-28T16:22:13Z-
dc.date.available2009-01-28T16:22:13Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/21418-
dc.description.abstractThis paper uses factor models to identify and estimate distributions of counterfactuals. We extend LISREL frameworks to a dynamic treatment effect setting, extending matching to account for unobserved conditioning variables. Using these models, we can identify all pairwise and joint treatment effects. We apply these methods to a model of schooling and determine the intrinsic uncertainty facing agents at the time they make their decisions about enrollment in school. Reducing uncertainty in returns raises college enrollment. We go beyond the ?Veil of Ignorance? in evaluating educational policies and determine who benefits and loses from commonly proposed educational reforms.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesIZA Discussion paper series 767en_US
dc.subject.jelC31en_US
dc.subject.ddc330en_US
dc.subject.keywordpolicy evaluationen_US
dc.subject.keywordreturns to schoolingen_US
dc.subject.keywordfactor modelsen_US
dc.subject.keywordcounterfactual distributionsen_US
dc.subject.stwBildungspolitiken_US
dc.subject.stwSchulpolitiken_US
dc.subject.stwBildungsertragen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwStatistische Methodeen_US
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen_US
dc.subject.stwSch├Ątzungen_US
dc.subject.stwVereinigte Staatenen_US
dc.titleEstimating Distributions of Treatment Effects with an Application to the Returns to Schooling and Measurement of the Effects of Uncertainty on College Choiceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn363011404en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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