Abstract This paper discusses an econometric model to estimate treatment effects for binary choice outcomes. We use a copula to model the dependence of unobservable terms. The copula-based approach allows… Click to show full abstract
Abstract This paper discusses an econometric model to estimate treatment effects for binary choice outcomes. We use a copula to model the dependence of unobservable terms. The copula-based approach allows for various dependence structures. A simulation study shows the misspecification of the dependence structures results in biased estimation of the treatment effects.
Keywords:
model;
treatment effects;
binary choice;
effects binary
Journal Title: Economics Letters
Year Published: 2021
Link to full text (if available)
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Journal Title: Economics Letters
Year Published: 2021
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!