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Blundell, Richard; Dias, Monica Costa – Journal of Human Resources, 2009
This paper reviews some of the most popular policy evaluation methods in empirical microeconomics: social experiments, natural experiments, matching, instrumental variables, discontinuity design, and control functions. It discusses identification of traditionally used average parameters and more complex distributional parameters. The adequacy,…
Descriptors: Policy Analysis, Microeconomics, Computation, Simulation