From Late to MTE. Alternative methods for the evaluation of policy interventions.

Autor/inn/en	Cornelissen, Thomas; Dustmann, Christian; Raute, Anna; Schönberg, Uta
Institution	CESifo GmbH
Titel	From Late to MTE. Alternative methods for the evaluation of policy interventions. Gefälligkeitsübersetzung: Von LATE zu MTE. Alternative Methoden für die Evaluation politischer Interventionen.
Quelle	München (2016), 46 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	CESifo working paper. 5987
Sprache	englisch
Dokumenttyp	online; Monographie
ISSN	2364-1428
Schlagwörter	Empirische Forschung; Forschungsmethode; Schätzung; Bildungspolitik; Bildungsertrag; Vorschule; Ökonometrie; Hochschulbildung; Heterogenität; Parameter; Wirkungsforschung
Abstract	"This paper provides an introduction into the estimation of Marginal Treatment Effects (MTE). Compared to the existing surveys on the subject, our paper is less technical and speaks to the applied economist with a solid basic understanding of econometric techniques who would like to use MTE estimation. Our framework of analysis is a generalized Roy model based on the potential outcomes framework, within which we define different treatment effects of interest, and review the well-known case of IV estimation with a discrete instrument resulting in a local average treatment effect (LATE). Turning to IV estimation with a continuous instrument we demonstrate that the 2SLS estimator may be viewed as a weighted average of LATEs, and discuss MTE estimation as an alternative and more informative way of exploiting a continuous instrument. We clarify the assumptions underlying the MTE framework and illustrate how the MTE estimation is implemented in practice." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2017/1