Sensitivity to exogeneity assumptions in program evaluations
Article Abstract:
Researchers, studying the empirical effect of social programs, assume that, conditional on a set of observed covariates, assignment to the treatment is exogenous or unconfounded. An alternative approach, where the assumption exogeneity is explicitly relaxed by allowing for a limited amount of correlation between treatment and unobserved components of the outcomes, is explored.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
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Testing political economy models of reforms in the laboratory
Article Abstract:
The study of economic reform poses challenges to experimental economist and dialogue between political economist and the experimental economist can enable both sides to capture gains from trade. This gain is illustrated by using an experimental study that shows how individual-specific uncertainty can prevent efficiency-enhancing reform from taking place.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
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Studying optimal paternalism, illustrated by a model of sin taxes
Article Abstract:
An approach for studying optimal paternalism, which helps people to make better economic choices, is presented. A simple model of sin taxes for unhealthy goods is analyzed to illustrate the approach of studying optimal paternalism.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
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