Recent Developments in the Econometrics of Program Evaluation

93 Pages Posted: 18 Aug 2008 Last revised: 5 Sep 2008

See all articles by Guido W. Imbens

Guido W. Imbens

Stanford Graduate School of Business

Jeff Wooldridge

Michigan State University - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: August 2008

Abstract

Many empirical questions in economics and other social sciences depend on causal effects of programs or policiy interventions. In the last two decades much research has been done on the econometric and statistical analysis of the effects of such programs or treatments. This recent theoretical literature has built on, and combined features of, earlier work in both the statistics and econometrics literatures. It has by now reached a level of maturity that makes it an important tool in many areas of empirical research in economics, including labor economics, public finance, development economics, industrial organization and other areas of empirical micro-economics. In this review we discuss some of the recent developments. We focus primarily on practical issues for empirical researchers, as well as provide a historical overview of the area and give references to more technical research.

Suggested Citation

Imbens, Guido W. and Wooldridge, Jeffrey M., Recent Developments in the Econometrics of Program Evaluation (August 2008). NBER Working Paper No. w14251. Available at SSRN: https://ssrn.com/abstract=1231699

Guido W. Imbens (Contact Author)

Stanford Graduate School of Business ( email )

655 Knight Way
Stanford, CA 94305-5015
United States

Jeffrey M. Wooldridge

Michigan State University - Department of Economics ( email )

#211 Marshall Hall
East Lansing, MI 48824-1038
United States
517+353-5972 (Phone)

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