Doubly Robust Estimation of Causal Effects with Multivalued Treatments

Institute for Advanced Studies Economics Series No. 297

51 Pages Posted: 30 Jan 2014

See all articles by Derya Uysal

Derya Uysal

Ludwig Maximilian University of Munich - Faculty of Economics

Date Written: June 1, 2013

Abstract

This paper provides doubly robust estimators for treatment effect parameters which are defined in multivalued treatment effect framework. We apply this method on a unique data set of British Cohort Study (BCS) to estimate returns to different levels of schooling. Average returns are estimated for entire population, as well as conditional on having a specific educational achievement. The analysis is carried out for female and male samples separately to capture possible gender differences. The results indicate that, on average, the percentage wage gain due to higher education versus any other lower educational attainment is higher for highly educated females than highly educated males.

Keywords: multivalued treatment, returns to schooling, doubly robust estimation

JEL Classification: C21, J24, I2

Suggested Citation

Uysal, Selver Derya, Doubly Robust Estimation of Causal Effects with Multivalued Treatments (June 1, 2013). Institute for Advanced Studies Economics Series No. 297, Available at SSRN: https://ssrn.com/abstract=2387544 or http://dx.doi.org/10.2139/ssrn.2387544

Selver Derya Uysal (Contact Author)

Ludwig Maximilian University of Munich - Faculty of Economics ( email )

Ludwigstrasse 28
Munich, D-80539
Germany

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