Some Thoughts on "The Principles Underling Evaluation Estimators with an Application to Matching" by James Heckman
Michael Lechner
Annals of Economics and Statistics, 2008, issue 91-92, 81-89
Abstract:
In recent years the rapidly expanding field of "programme evaluation" made substantiel advances in providing and understanding (micro-)econometric methods suitable to uncover ceteris paribus effects with a minimum set of assumptions. The actuel use of these methods in applied studies is booming particularly in labour economics. It is probably a fair guess that the knowledge obtained in this subfield already influences many other branches of econometrics as discovering causal relation is and was one of the key aims of almost all empirical econometric work (see the excellent review by HECKMAN [2000]). Probably, these, powerful econometric methods will "conquer" other fields rather soon, if they have net yet done so.
Date: 2008
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