Building Bridges between Structural and Program Evaluation Approaches to Evaluating Policy
Journal of Economic Literature
no. 2, June 2010
This paper compares the structural approach to economic policy analysis with the program evaluation approach. It offers a third way to do policy analysis that combines the best features of both approaches. I illustrate the value of this alternative approach by making the implicit economics of LATE explicit, thereby extending the interpretability
and range of policy questions that LATE can answer. (JEL C21, E61)
Heckman, James J.
"Building Bridges between Structural and Program Evaluation Approaches to Evaluating Policy."
Journal of Economic Literature,
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Policy Objectives; Policy Designs and Consistency; Policy Coordination