A note on the impact evaluation of public policies: the counterfactual analysis

Massimo Loi () and Margarida Rodrigues

MPRA Paper from University Library of Munich, Germany

Abstract: This report describes concisely, and in an intuitive way, the policy evaluation framework and the different counterfactual analysis evaluation strategies: propensity score matching, regression discontinuity design, differences-in-differences and instrumental variables. For each method we present the main assumptions it relies on and the data requirements. These methodologies apply to any type of policy and, in general, to any type of intervention. A selection of papers applying this approach in the context of labour market interventions is also included.

Keywords: counterfactual analysis; propensity score matching; regression discontinuity; difference in difference; instrumental variables (search for similar items in EconPapers)
JEL-codes: C1 (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-agr
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Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:42444

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