Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103545
Authors: 
Eisenhauer, Philipp
Heckman, James J.
Vytlacil, Edward
Year of Publication: 
2014
Series/Report no.: 
ZEW Discussion Papers 14-082
Abstract: 
The literature on treatment effects focuses on gross benefits from program participation. We extend this literature by developing conditions under which it is possible to identify parameters measuring the cost and net surplus from program participation. Using the generalized Roy model, we nonparametrically identify the cost, benefit, and net surplus of selection into treatment without requiring the analyst to have direct information on the cost. We apply our methodology to estimate the gross benefit and net surplus of attending college.
Subjects: 
Cost-Benefit Analysis
Treatment Effects
Returns and Costs to Education
JEL: 
I21
C31
C32
Document Type: 
Working Paper

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