Monday, May 19, 2008

Alternative approaches to evaluation in microeconomics

a mammoth survey of evaluation methods by Blundell and Costas-Dias. If anyone's willing to set it up, this is a great one for a journal club.


Abstract
This paper reviews a range of the most popular policy evaluation methods in empirical microe-
conomics: social experiments, natural experiments, matching methods, instrumental variables,
discontinuity design and control functions. It discusses the identification of both the tradition-
ally used average parameters and the more demanding distributional parameters. In each case,
the necessary assumptions and the data requirements are considered. The adequacy of each ap-
proach is discussed drawing on the empirical evidence from the education and labor market policy evaluation literature.

http://www.ucl.ac.uk/~uctp39a/Blundell-CostaDias-Dec-2007.pdf

4 comments:

Anonymous said...

Peter has booked the Geary boardroom for Wednesday the 11th of June at 11am. This gives us three-weeks to read and consider the paper.

Peter suggested that when we meet we can discuss how the alternative methodologies might be applied to our individual empirical endeavors, and perhaps more generally consider the benefits and drawbacks of applying the different approaches.

He also asked to circulate this invitation more widely.

Liam Delaney said...

thanks to Peter, this will take place in the boardroom at 11am on Wednesday 11th June -

Liam Delaney said...

wow, we were posting these comments simultaneously - anyway its my birthday so im going for a steak now!

Anonymous said...

Thanks to the owner of this blog. Ive enjoyed reading this topic.