Arbeitspapier
Fragility of the marginal treatment effect
Many interesting and important economic questions relate to the e§ects of binary treatments such as starting a college degree or participating in a job training program. The causal e§ects of these treatments are likely to be heterogeneous and recent research has emphasized the estimation of heterogeneous treatment e§ects, with a particular focus on Marginal Treatment E§ects (MTEs). In this note, I describe why common methods of estimating MTEs of binary treatments can be very sensitive to omitted higher powers of covariates and demonstrate this using simple Monte Carlo simulations. I conclude by discussing approaches that may be useful for researchers to address this problem in practice.
- Sprache
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Englisch
- Erschienen in
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Series: UCD Centre for Economic Research Working Paper Series ; No. WP22/04
- Klassifikation
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Wirtschaft
- Thema
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Kausalanalyse
Monte-Carlo-Simulation
Schätztheorie
- Ereignis
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Geistige Schöpfung
- (wer)
-
Devereux, Paul J.
- Ereignis
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Veröffentlichung
- (wer)
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University College Dublin, UCD School of Economics
- (wo)
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Dublin
- (wann)
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2022
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:22 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Devereux, Paul J.
- University College Dublin, UCD School of Economics
Entstanden
- 2022