Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/21418 
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dc.contributor.authorCarneiro, Pedroen
dc.contributor.authorHansen, Karsten T.en
dc.contributor.authorHeckman, James Josephen
dc.date.accessioned2009-01-28T16:22:13Z-
dc.date.available2009-01-28T16:22:13Z-
dc.date.issued2003-
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 aboutenrollment 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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x767en
dc.subject.jelC31en
dc.subject.ddc330en
dc.subject.keywordpolicy evaluationen
dc.subject.keywordreturns to schoolingen
dc.subject.keywordfactor modelsen
dc.subject.keywordcounterfactual distributionsen
dc.subject.stwBildungspolitiken
dc.subject.stwSchulpolitiken
dc.subject.stwBildungsertragen
dc.subject.stwEinkommensverteilungen
dc.subject.stwStatistische Methodeen
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen
dc.subject.stwSchätzungen
dc.subject.stwVereinigte Staatenen
dc.titleEstimating Distributions of Treatment Effects with an Application to the Returns to Schooling and Measurement of the Effects of Uncertainty on College Choice-
dc.typeWorking Paperen
dc.identifier.ppn363011404en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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