EconPapers    
Economics at your fingertips  
 

Using matching, instrumental variables and control functions to estimate economic choice models

James Heckman and Salvador Navarro ()

No 2003:4, Working Paper Series from IFAU - Institute for Evaluation of Labour Market and Education Policy

Abstract: This paper investigates four topics. (1) It examines the different roles played by the propensity score (probabilitiy of selection) in matching, instrumental variable and control functions methods. (2) It contrasts the roles of exclusion restrictions in matching and selection models. (3) It characterizes the sensivity of matching to the choice of conditioning variables and demonstrates the greater robustness of control function methods to misspecification of the conditioning variables. (4) It demonstrates the problem of choosing the conditioning variables in matching and the failure of conventional model selection criteria when candidate conditioning variables are not exogenous.

Keywords: Propensity score; matching; selection models (search for similar items in EconPapers)
JEL-codes: C31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dcm, nep-ecm and nep-pol
Date: 2003-01-16
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed

Published in Review of Economics and Statistics, 2004, pages 30-57.

Downloads: (external link)
http://www.ifau.se/upload/pdf/se/2003/wp03-04.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.ifau.se/upload/pdf/se/2003/wp03-04.pdf [301 Moved Permanently]--> https://www.ifau.se/upload/pdf/se/2003/wp03-04.pdf)

Related works:
Journal Article: Using Matching, Instrumental Variables, and Control Functions to Estimate Economic Choice Models (2004) Downloads
Working Paper: Using Matching, Instrumental Variables and Control Functions to Estimate Economic Choice Models (2003) Downloads
Working Paper: Using Matching, Instrumental Variables and Control Functions to Estimate Economic Choice Models (2003) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:ifauwp:2003_004

Access Statistics for this paper

More papers in Working Paper Series from IFAU - Institute for Evaluation of Labour Market and Education Policy IFAU, P O Box 513, SE-751 20 Uppsala, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Ali Ghooloo ().

 
Page updated 2019-10-17
Handle: RePEc:hhs:ifauwp:2003_004