Instrumental Variables Estimates of the Effect of Subsidized Training on the Quantiles of Trainee Earnings
补贴培训对受训者收入分位数影响的工具变量估计AI 解读 ↓
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AI 根据所提供的论文材料归类:摘要以工具变量评估培训项目的处理效应,目标参数是收入分位数的变化,直接对应因果推断与分位数、分布效应。
补贴培训对受训者收入分位数影响的工具变量估计AI 解读 ↓
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The effect of government programs on the distribution of participants' earnings is important for program evaluation and welfare comparisons.This paper reports es- timates of the effects of JTPA training programs on the distribution of earnings.The estimation uses a new instrumental variable (IV) method that measures program impacts on the quantiles of outcome variables.This quantile treatment effects (QTE) estimator accommodates exogenous covariates and reduces to quantile regres- sion when selection for treatment is exogenously determined.The QTE estimator can be computed as the solution to a convex linear programming problem, although this requires first-step estimation of a nuisance function.We develop distribution theory for the case where the first step is estimated nonparametrically.For women, the empirical results show that the JTPA program had the largest proportional impact at low quantiles.Perhaps surprisingly, however, JTPA training raised the quantiles of earnings for men only in the upper half of the trainee earnings distribution.