Evaluating marginal policy changes and the average effect of treatment for individuals at the margin

Pedro Carneiro, James Heckman and Edward Vytlacil

No CWP21/09, CeMMAP working papers from Centre for Microdata Methods and Practice, Institute for Fiscal Studies

Abstract:

This paper develops methods for evaluating marginal policy changes. We characterize how the effects of marginal policy changes depend on the direction of the policy change, and show that marginal policy effects are fundamentally easier to identify and to estimate than conventional treatment parameters. We develop the connection between marginal policy effects and the average effect of treatment for persons on the margin of indifference between participation in treatment and nonparticipation, and use this connection to analyze both parameters. We apply our analysis to estimate the effect of marginal changes in tuition on the return to going to college.

Date: 2009-07-30
New Economics Papers: this item is included in nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://cemmap.ifs.org.uk/wps/cwp2109.pdf (application/pdf)

Related works:
Journal Article: Evaluating Marginal Policy Changes and the Average Effect of Treatment for Individuals at the Margin (2010)
Working Paper: Evaluating Marginal Policy Changes and the Average Effect of Treatment for Individuals at the Margin (2009)
Working Paper: Evaluating Marginal Policy Changes and the Average Effect of Treatment for Individuals at the Margin (2009)
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:ifs:cemmap:21/09

Ordering information: This working paper can be ordered from
The Institute for Fiscal Studies 7 Ridgmount Street LONDON WC1E 7AE

Access Statistics for this paper

More papers in CeMMAP working papers from Centre for Microdata Methods and Practice, Institute for Fiscal Studies The Institute for Fiscal Studies 7 Ridgmount Street LONDON WC1E 7AE. Contact information at EDIRC.
Bibliographic data for series maintained by Emma Hyman ().