Inference for the Marginal Value of Public Funds
公共资金边际价值的统计推断
Economists often estimate causal effects of policies on multiple outcomes and summarize them into scalar measures of cost-effectiveness or welfare, such as the Marginal Value of Public Funds (MVPF). In many settings, microdata underlying these estimates are unavailable, leaving researchers with only published estimates and their standard errors. We develop tools for valid inference on functions of causal effects, such as the MVPF, when the correlation structure is unknown.…