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Title: Simple Estimators for Treatment Parameters in a Latent Variable Framework with an Application to Estimating the Returns to Schooling
Resulting in 1 citation.
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Heckman, James J. Tobias, Justin L. Vytlacil, Edward |
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Simple Estimators for Treatment Parameters in a Latent Variable Framework with an Application to Estimating the Returns to Schooling NBER Working Paper No. W7950, National Bureau of Economic Research, October 2000. Also: http://nber.nber.org/papers/W7950 Cohort(s): NLSY79 Publisher: National Bureau of Economic Research (NBER) Keyword(s): Armed Services Vocational Aptitude Battery (ASVAB); College Education; Earnings; Education; Educational Returns; Modeling; Schooling; Selectivity Bias/Selection Bias; Siblings 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). |
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Bibliography Citation
Heckman, James J., Justin L. Tobias and Edward Vytlacil. "Simple Estimators for Treatment Parameters in a Latent Variable Framework with an Application to Estimating the Returns to Schooling." NBER Working Paper No. W7950, National Bureau of Economic Research, October 2000. |