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Title:Alternative approaches to evaluation in empirical microeconomics PDF Logo
Authors:Blundell, Richard W.
Dias, Monica Costa
Issue Date:2008
Series/Report no.:IZA discussion papers 3800
Abstract:This paper reviews some of the most popular policy evaluation methods in empirical microeconomics: social experiments, natural experiments, matching, instrumental variables, discontinuity design, and control functions. It discusses identification of traditionally used average parameters and more complex distributional parameters. The adequacy, assumptions, and data requirements of each approach are discussed drawing on empirical evidence from the education and employment policy evaluation literature. A workhorse simulation model of education returns is used throughout the paper to discuss and illustrate each approach. The full set of STATA datasets and do-files are available free online and can be used to reproduce all estimation and simulation results.
Subjects:Evaluation methods
JEL:C52
Persistent Identifier of the first edition:urn:nbn:de:101:1-20081126754
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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