Building Bridges between Structural and Program Evaluation Approaches to Evaluating Policy
- (pp. 356-98)
Abstract
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)Citation
Heckman, James J. 2010. "Building Bridges between Structural and Program Evaluation Approaches to Evaluating Policy." Journal of Economic Literature, 48 (2): 356-98. DOI: 10.1257/jel.48.2.356JEL Classification
- C21 Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
- E61 Policy Objectives; Policy Designs and Consistency; Policy Coordination