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Imbens, Guido W., and
Jeffrey M. Wooldridge. 2009. "Recent Developments in the Econometrics of Program Evaluation."
,
47(1): 5-86.
Show Article Details
DOI: 10.1257/jel.47.1.5
Abstract:Many empirical questions in economics and other social sciences depend on causal
effects of programs or policies. In the last two decades, much research has been done
on the econometric and statistical analysis of such causal effects. This recent theoretical
literature has built on, and combined features of, earlier work in both the statistics
and econometrics literatures. It has by now reached a level of maturity that makes
it an important tool in many areas of empirical research in economics, including
labor economics, public finance, development economics, industrial organization,
and other areas of empirical microeconomics. In this review, we discuss some of the
recent developments. We focus primarily on practical issues for empirical researchers,
as well as provide a historical overview of the area and give references to more
technical research.
Authors:
Imbens, Guido W. (Harvard U)
Wooldridge, Jeffrey M. (MI State U)
JEL Classifications:
C21: Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
C31: Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
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