Michael Lechner (University of St. Gallen, Swiss Institute for International Economics & Applied Economic Research, Bodanstr. 8, CH- 9000 St. Gallen/Switzerland)
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Recently, several studies have analysed active labour market policies by using a recently proposed matching estimator for multiple programmes. Since there is only very limited practical experience with this estimator, this paper checks its sensitivity with resprect to issues that are of practical importance in this kind of evaluation study. The estimator turns out to be fairly robust to several features that concern its implementation. Furthermore, the paper demonstrates that the matching approach per se is no panacea for solving all the problems of evaluation studies, but that its success depends critically on the information that is available in the data. Finally, a comparison with a bootstrap distribution provides some justification for using a simplified approximation of the distribution of the estimator that ignores its sequential nature.
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Paper provided by EconWPA in its series Labor and Demography with number
0505006.
Find related papers by JEL classification: J - Labor and Demographic Economics
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