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Alternative approaches to evaluation in empirical microeconomics

Authors: Richard Blundell and Monica Costa Dias
Date: 22 October 2002
Type: cemmap Working Paper, CWP10/02
DOI: 10.1920/wp.cem.2002.1002


Four alternative but related approaches to empirical evaluation of policy interventions are studied: social experiments, natural experiments, matching methods, and instrumental variables. In each case the necessary assumptions and the data requirements are considered for estimation of a number of key parameters of interest. These key parameters include the average treatment effect, the treatment of the treated and the local average treatment effect. Some issues of implementation and interpretation are discussed drawing on the labour market programme evaluation literature. Download full version
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Richard Blundell and Monica Costa Dias August 2002, Alternative approaches to evaluation in empirical microeconomics, Journal Article

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