Labor Economics III

Catalog description

This class covers Empirical Strategies in Labor Economics. Topics include: Causal effects vs. economic mechanisms; RCTs, social experiments and Audit studies; Selection on observables: Matching and Propensity Score estimators, Selection on unobservables: IV estimators, Control function estimators; Selection on unobservables without exclusion restrictions/instruments: Regression Discontinuity and Bunching estimators; Bounding forms of selection, Decomposition methods, Network/peer effect models; Panel data and beyond: Natural experiments, Diff-in-diff, Error component models, Vignettes and Elicited data; Structural estimation vs Reduced form models: SMM, Indirect Inference, (X)MD, Sufficient statistics ideas.