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ERIC Number: EJ846139
Record Type: Journal
Publication Date: 2009
Pages: 76
Abstractor: As Provided
Reference Count: 75
ISSN: ISSN-0022-166X
Alternative Approaches to Evaluation in Empirical Microeconomics
Blundell, Richard; Dias, Monica Costa
Journal of Human Resources, v44 n3 p565-640 Sum 2009
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 and earnings is used throughout the paper to discuss and illustrate each approach. The full set of STATA data sets and do-files are available free online and can be used to reproduce all estimation results. (Contains 1 figure, 6 tables and 29 footnotes.)
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: United Kingdom