Product Information
In many disciplines of science it is vital to know the effect of a 'treatment' on a response variable of interest; the effect being known as the 'treatment effect'. Here, the treatment can be a drug, an education program or an economic policy, and the response variable can be an illness, academic achievement or GDP. Once the effect is found, it is possible to intervene to adjust the treatment and attain a desired level of the response variable. A basic way to measure the treatment effect is to compare two groups, one of which received the treatment and the other did not. If the two groups are homogenous in all aspects other than their treatment status, then the difference between their response outcomes is the desired treatment effect. But if they differ in some aspects in addition to the treatment status, the difference in the response outcomes may be due to the combined influence of more than one factor. In non-experimental data where the treatment is not randomly assigned but self-selected, the subjects tend to differ in observed or unobserved characteristics. It is therefore imperative that the comparison be carried out with subjects similar in their characteristics. This book explains how this problem can be overcome so the attributable effect of the treatment can be found. This book brings to the fore recent advances in econometrics for treatment effects. The purpose of this book is to put together various economic treatments effect models in a coherent fashion, make it clear which can be parameters of interest, and show how they can be identified and estimated under weak assumptions. The emphasis throughout the book is on semi- and non-parametric estimation methods, but traditional parametric approaches are also discussed. This book is ideally suited to researchers and graduate students with a basic knowledge of econometrics.Product Identifiers
PublisherOxford University Press
ISBN-100199267693
ISBN-139780199267699
eBay Product ID (ePID)96025931
Product Key Features
Number of Pages264 Pages
LanguageEnglish
Publication NameMicro-Econometrics for Policy, Program and Treatment Effects
Publication Year2005
SubjectEconomics, Mathematics, Business, Accounting & Vocational: Textbooks & Study Guides, Business
TypeTextbook
AuthorMyoung-Jae Lee
Subject AreaSocial Research
Dimensions
Item Height233 mm
Item Weight413 g
Additional Product Features
Country/Region of ManufactureUnited Kingdom
Title_AuthorMyoung-Jae Lee
Series TitleAdvanced Texts in Econometrics
Content NoteTables