Lecture Notes in Economic and Mathematical Systems

By: Markus Frölich

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Paperback | 21 January 2003

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212 Pages

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Policy evaluation and programme choice are important tools for informed decision-making, for the administration of active labour market programmes, training programmes, tuition subsidies, rehabilitation programmes etc. Whereas the evaluation of programmes and policies is mainly concerned with an overall assessment of impact, benefits and costs, programme choice considers an optimal allocation of individuals to the programmes. This book surveys potential evaluation strategies for policies with multiple programmes and discusses evaluation and treatment choice in a coherent framework. Recommendations for choosing appropriate evaluation estimators are derived. Furthermore, a semiparametric estimator of optimal treatment choice is developed to assist in the optimal allocation of participants.

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You Can Find This Book In

Non-Fiction Economics Political Economy Development Economics & Emerging Economies Medicine Medicine in General Mathematics Applied Mathematics Labour Economics Econometrics Economic Statistics Business & Management

Management & Management Techniques Management of Specific Areas Personnel & Human Resources Management

Introduction	p. 1
Programme Evaluation and Treatment Choice - An Overview	p. 7
Introduction in Programme Evaluation	p. 7
Optimal Treatment Choice	p. 43
Nonparametric Regression	p. 50
Nonparametric Covariate Adjustment in Finite Samples	p. 61
Potential Efficiency Gains of Local Polynomial Matching	p. 62
Approximation to the MSE and Bandwidth Choice	p. 69
Data-driven Bandwidth Choice by Cross-Validation	p. 74
Matching with Unknown Propensity Score	p. 76
Semiparametric Estimation of Optimal Treatment Choices	p. 81
Estimation of Conditional Expected Potential Outcomes	p. 81
Optimal Choice and Swedish Rehabilitation Programmes	p. 94
Conclusions	p. 103
A: Appendix	p. 107
B: Appendix	p. 111
C: Appendix	p. 115
D: Appendix	p. 135
E: Appendix	p. 163
References	p. 185
Table of Contents provided by Blackwell. All Rights Reserved.

Lecture Notes in Economic and Mathematical Systems

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Paperback

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