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Simple Estimators for Treatment Parameters in a Latent Variable Framework with an Application to Estimating the Returns to Schooling / James J. Heckman, Justin L. Tobias, Edward Vytlacil.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Heckman, James J.
Contributor:
National Bureau of Economic Research.
Tobias, Justin L.
Vytlacil, Edward.
Series:
Working Paper Series (National Bureau of Economic Research) no. w7950.
NBER working paper series no. w7950
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2000.
Summary:
This paper derives simply computed closed-form expressions for the Average Treatment Effect (ATE), the effect of Treatment on the Treated (TT), Local Average Treatment Effect (LATE) and Marginal Treatment Effect (MTE) in a latent variable framework for both normal and non-normal models. The techniques presented in the paper are applied to estimating a variety of treatment parameters capturing the returns to a college education for various populations using data from the National Longitudinal Survey of Youth (NLSY).
Notes:
Print version record
October 2000.

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