Circumstances in which Different Criteria of Estimation Can be Applied to Estimate Policy Effects

Circumstances in which Different Criteria of Estimation Can be Applied to Estimate Policy Effects PDF Author: P. A. V. B. Swamy
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 62

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Circumstances in which Different Criteria of Estimation Can be Applied to Estimate Policy Effects

Circumstances in which Different Criteria of Estimation Can be Applied to Estimate Policy Effects PDF Author: P. A. V. B. Swamy
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 62

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Developing a Protocol for Observational Comparative Effectiveness Research: A User's Guide

Developing a Protocol for Observational Comparative Effectiveness Research: A User's Guide PDF Author: Agency for Health Care Research and Quality (U.S.)
Publisher: Government Printing Office
ISBN: 1587634236
Category : Medical
Languages : en
Pages : 236

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Book Description
This User’s Guide is a resource for investigators and stakeholders who develop and review observational comparative effectiveness research protocols. It explains how to (1) identify key considerations and best practices for research design; (2) build a protocol based on these standards and best practices; and (3) judge the adequacy and completeness of a protocol. Eleven chapters cover all aspects of research design, including: developing study objectives, defining and refining study questions, addressing the heterogeneity of treatment effect, characterizing exposure, selecting a comparator, defining and measuring outcomes, and identifying optimal data sources. Checklists of guidance and key considerations for protocols are provided at the end of each chapter. The User’s Guide was created by researchers affiliated with AHRQ’s Effective Health Care Program, particularly those who participated in AHRQ’s DEcIDE (Developing Evidence to Inform Decisions About Effectiveness) program. Chapters were subject to multiple internal and external independent reviews. More more information, please consult the Agency website: www.effectivehealthcare.ahrq.gov)

Direct Estimation of Policy Impacts

Direct Estimation of Policy Impacts PDF Author: Hidehiko Ichimura
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 60

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Book Description
This paper specifies a general set of conditions under which the impacts of a policy can be identified using data generated under a different policy regime. We show that some of the policy impacts can be identified under relatively weak conditions on the data and structure of a model. Based on the identification results we develop estimators of policy impacts. We discuss a nonparametric method to implement the estimation but also discuss semiparametric methods in order to reduce the conditioning dimension. We then provide an empirical example of the impact of tuition subsidies using the ideas. While the framework used in this paper is fairly narrow, we believe this approach can be applied to a broad set of problems.

The Estimation of Causal Effects by Difference-in-difference Methods

The Estimation of Causal Effects by Difference-in-difference Methods PDF Author: Michael Lechner
Publisher: Foundations and Trends(r) in E
ISBN: 9781601984982
Category : Business & Economics
Languages : en
Pages : 72

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Book Description
This monograph presents a brief overview of the literature on the difference-in-difference estimation strategy and discusses major issues mainly using a treatment effect perspective that allows more general considerations than the classical regression formulation that still dominates the applied work.

Two-Way Fixed Effects and Difference-in-Differences Estimators with Heterogeneous Treatment Effects and Imperfect Parallel Trends

Two-Way Fixed Effects and Difference-in-Differences Estimators with Heterogeneous Treatment Effects and Imperfect Parallel Trends PDF Author: Clément de Chaisemartin
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Two-way fixed effects (TWFE) regressions with period and group fixed effects are widely used to estimate policies' effects: 26 of the 100 most cited papers published by the American Economic Review from 2015 to 2019 estimate such regressions. Researchers have long thought that TWFE estimators are equivalent to differences-in-differences (DID) estimators, that rely on a partly testable parallel trends assumption. In two-groups two-periods designs where a treatment group is untreated at both dates and a treatment group becomes treated at the second period, the treatment coefficient in a TWFE is indeed equivalent to a DID. Motivated by this fact, researchers have also estimated TWFE regressions in more complicated designs with many groups and periods, variation in treatment timing, treatments switching on and off, and/or non-binary treatments, confident that there as well, TWFE was giving them an estimation method that only relied on a partly testable parallel trends assumption. Two recent strands of literature have shattered that confidence. First, it has recently been shown that even if parallel trends holds, TWFE may produce misleading estimates, if the policy's effect is heterogeneous between groups or over time, as is often the case. The realization that one of the most commonly used empirical methods in the quantitative social sciences relies on an often-implausible assumption has spurred a flurry of methodological papers. Some of them have diagnosed this issue and analyzed its origins. Other papers have proposed alternative estimators relying on parallel trends conditions, like TWFE estimators, but robust to heterogeneous effects, unlike TWFE estimators. Hereafter, those alternative estimators are referred to as heterogeneity-robust DID estimators. Second, in a recent paper, Roth (2022) has shown that tests of the parallel trends assumption often lack statistical power, and may fail to detect differential trends between treated and control locations that are often large enough to account for a significant share of the policy's estimated effect. This realization has spurred a growing interest among practitioners for a second strand of literature, that has proposed alternative estimation methods relying on weaker assumptions than parallel trends. Examples include estimators relying on a conditional parallel trends assumption (see, e.g., Abadie, 2005), estimators assuming bounded differential trends (see, e.g., Manski and Pepper, 2018; Rambachan and Roth, 2023), estimators assuming a factor model with interactive fixed effects (see, e.g., Bai, 2003) and synthetic control estimators (see, e.g., Abadie et al., 2010), and estimators assuming grouped patterns of heterogeneity (see,e.g., Bonhomme and Manresa, 2015).This textbook aims to provide an overview of these two strands of literature, as well as other panel data methods routinely used for causal inference by practitionners.

A General Method of Deriving the Efficiencies of Banks from a Profit Function

A General Method of Deriving the Efficiencies of Banks from a Profit Function PDF Author: P. A. V. B. Swamy
Publisher:
ISBN:
Category :
Languages : en
Pages : 62

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Introduction to Small Area Estimation Techniques

Introduction to Small Area Estimation Techniques PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292622234
Category : Business & Economics
Languages : en
Pages : 152

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Book Description
This guide to small area estimation aims to help users compile more reliable granular or disaggregated data in cost-effective ways. It explains small area estimation techniques with examples of how the easily accessible R analytical platform can be used to implement them, particularly to estimate indicators on poverty, employment, and health outcomes. The guide is intended for staff of national statistics offices and for other development practitioners. It aims to help them to develop and implement targeted socioeconomic policies to ensure that the vulnerable segments of societies are not left behind, and to monitor progress toward the Sustainable Development Goals.

Econometric Analysis of Cross Section and Panel Data, second edition

Econometric Analysis of Cross Section and Panel Data, second edition PDF Author: Jeffrey M. Wooldridge
Publisher: MIT Press
ISBN: 0262232588
Category : Business & Economics
Languages : en
Pages : 1095

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Book Description
The second edition of a comprehensive state-of-the-art graduate level text on microeconometric methods, substantially revised and updated. The second edition of this acclaimed graduate text provides a unified treatment of two methods used in contemporary econometric research, cross section and data panel methods. By focusing on assumptions that can be given behavioral content, the book maintains an appropriate level of rigor while emphasizing intuitive thinking. The analysis covers both linear and nonlinear models, including models with dynamics and/or individual heterogeneity. In addition to general estimation frameworks (particular methods of moments and maximum likelihood), specific linear and nonlinear methods are covered in detail, including probit and logit models and their multivariate, Tobit models, models for count data, censored and missing data schemes, causal (or treatment) effects, and duration analysis. Econometric Analysis of Cross Section and Panel Data was the first graduate econometrics text to focus on microeconomic data structures, allowing assumptions to be separated into population and sampling assumptions. This second edition has been substantially updated and revised. Improvements include a broader class of models for missing data problems; more detailed treatment of cluster problems, an important topic for empirical researchers; expanded discussion of "generalized instrumental variables" (GIV) estimation; new coverage (based on the author's own recent research) of inverse probability weighting; a more complete framework for estimating treatment effects with panel data, and a firmly established link between econometric approaches to nonlinear panel data and the "generalized estimating equation" literature popular in statistics and other fields. New attention is given to explaining when particular econometric methods can be applied; the goal is not only to tell readers what does work, but why certain "obvious" procedures do not. The numerous included exercises, both theoretical and computer-based, allow the reader to extend methods covered in the text and discover new insights.

Cochrane Handbook for Systematic Reviews of Interventions

Cochrane Handbook for Systematic Reviews of Interventions PDF Author: Julian P. T. Higgins
Publisher: Wiley
ISBN: 9780470699515
Category : Medical
Languages : en
Pages : 672

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Book Description
Healthcare providers, consumers, researchers and policy makers are inundated with unmanageable amounts of information, including evidence from healthcare research. It has become impossible for all to have the time and resources to find, appraise and interpret this evidence and incorporate it into healthcare decisions. Cochrane Reviews respond to this challenge by identifying, appraising and synthesizing research-based evidence and presenting it in a standardized format, published in The Cochrane Library (www.thecochranelibrary.com). The Cochrane Handbook for Systematic Reviews of Interventions contains methodological guidance for the preparation and maintenance of Cochrane intervention reviews. Written in a clear and accessible format, it is the essential manual for all those preparing, maintaining and reading Cochrane reviews. Many of the principles and methods described here are appropriate for systematic reviews applied to other types of research and to systematic reviews of interventions undertaken by others. It is hoped therefore that this book will be invaluable to all those who want to understand the role of systematic reviews, critically appraise published reviews or perform reviews themselves.

Plant Shutdowns, Compositional Effects, and Procyclical Labor Productivity

Plant Shutdowns, Compositional Effects, and Procyclical Labor Productivity PDF Author: Ana M. Aizcorbe
Publisher:
ISBN:
Category : Automobile industry and trade
Languages : en
Pages : 40

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