Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/83483 
Authors: 
Year of Publication: 
2013
Series/Report no.: 
SOEPpapers on Multidisciplinary Panel Data Research No. 577
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
Manski's partial identification allows less restrictive, therefore, more credible assumptions than the assumption of random treatment assignment to solve the evaluation problem. In this article the theory of partial identification is applied to the welfare effect of the euro cash changeover. When evaluating the impact of the euro cash changeover on individual welfare, Wunder et al. (2008) face the evaluation problem. Instead of arguing for a comparability of both treatment groups used (i.e. the British and the German Population), partial identification as a more robust technique is used for evaluating the effect of the euro cash changeover. Imposing less restrictive assumptions leaves out an answer about the direction of the welfare effect.
Document Type: 
Working Paper

Files in This Item:
File
Size
243.02 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.