Estimation and Inference for Counterfactual Treatment Effects

主讲人

Tsung-Chih Lai

简介

<p>This paper proposes statistical methods to evaluate the quantile counterfactual treatment effect(QCTE) when the composition of the population targeted by the status quo program was changed. The QCTE enables us to carry out an ex-ante assessment of distributional impacts of policy interventions, or conduct a meta-analysis to investigate possible explanations for treatment effect heterogeneity. Assuming unconfoundedness and the invariance of the conditional distributions of the potential outcomes, the QCTE is identified and can be nonparametrically estimated by a kernel-based method. Viewed as a random function over the continuum of quantile indices, the estimator converges weakly to a zero mean Gaussian process at the parametric rate. We then propose a multiplier bootstrap procedure to construct uniform confidence bands and provide similar results for the counterfactually treated subpopulation and the average effects. As an empirical application, we estimate the QCTE of the Job Corps training program in the U.S.&nbsp;under various scenarios. Our results suggest that the strong economic performance indeed explains the earlier finding in the literature that the program was ineffective at low quantiles of the earnings distribution. However, no supportive evidence is found for the skill hypothesis.</p>

时间

2018-10-12(Friday)16:40-18:00

地点

D236, Econ Building

讲座语言

English

主办单位

WISE&SOE

承办单位

类型

系列讲座

联系人信息

主持人

Qingliang Fan

专题网站

专题

主讲人简介

<p>Assistant Professor, Department of Economics, Feng Chia University.</p> <p><a href="/Upload/File/2018/9/20180914052431937.pdf"><u>Prof. Lai' CV.</u></a></p>

期数

高级计量经济学与统计学系列讲座2018年秋季学期第一讲(总第105讲)

主讲人: Tsung-Chih Lai
主讲人简介:

Assistant Professor, Department of Economics, Feng Chia University.

Prof. Lai' CV.

主持人: Qingliang Fan
简介:
系列讲座
时间: 2018-10-12(Friday)16:40-18:00
地点: D236, Econ Building
期数: 高级计量经济学与统计学系列讲座2018年秋季学期第一讲(总第105讲)
主办单位: WISE&SOE
类型: 系列讲座