[cid:image002.png@01D087E7.C5EEEFB0] ECONOMETRICS RESEARCH SEMINAR INVITATION R E M I N D E R The Department of Economics and Finance at the Institute for Advanced Studies cordially invites you to the following Econometrics Research Seminar <http://www.ihs.ac.at/vienna/resources/Economics/Papers/20130226_Paper_Zimmermann.pdf> Thursday, May 7, 2015 IHS, Stumpergasse 56, 1060 Vienna, SZ VI 9:00 am (Please note that the seminar will start at 9 am sharp in lecture room SZVI on the 6th floor!) Martin Huber<http://www.unifr.ch/appecon/en/team/martin-huber> University of Fribourg The finite sample performance of semi- and nonparametric estimators for treatment effects and policy evaluation<https://www.ihs.ac.at/fileadmin/public/ecofin_teaching/Seminars/20150507_Paper_Huber.pdf> Abstract: This paper investigates the finite sample performance of a comprehensive set of semi- and nonparametric estimators for treatment and policy evaluation. In contrast to previous simulation studies which mostly considered semiparametric approaches relying on parametric propensity score estimation, we also consider more flexible approaches based on semi- or nonparametric propensity scores, nonparametric regression, and direct covariate matching. In addition to (pair, radius, and kernel) matching, inverse probability weighting, regression, and doubly robust estimation, our studies also cover recently proposed estimators such as genetic matching, entropy balancing, and empirical likelihood estimation. We vary a range of features (sample size, selection into treatment, effect heterogeneity, and correct/misspecification) in our simulations and that several nonparametric estimators by and large outperform commonly used treatment estimators using a parametric propensity score. Nonparametric regression, nonparametric doubly robust estimation, nonparametric IPW, and one-to-many covariate matching perform best. paper jointly with Markus Frölich and Manuel Wiesenfarth We are looking forward to seeing you! Institute for Advanced Studies Department of Economics and Finance Stumpergasse 56, 1060 Vienna, Austria Tel.: +43 1 599 91 145 e-Mail: economics@ihs.ac.at<mailto:economics@ihs.ac.at> http://economics.ihs.ac.at<http://economics.ihs.ac.at/> LINKS DIRECTIONS TO IHS<https://maps.google.com/maps/ms?msid=214450950836633541616.0004d7e346945a529d4f7&msa=0&ll=48.195445,16.342984&spn=0.002657,0.006164> on Google maps<https://maps.google.com/maps/ms?msid=214450950836633541616.0004d7e346945a529d4f7&msa=0&ll=48.195445,16.342984&spn=0.002657,0.006164> ECONOMETRICS RESEARCH<https://www.google.com/calendar/embed?src=k0lv6keqn60t40jeuhtjfebrl0%40group.calendar.google.com&ctz=Europe/Vienna> SEMINAR<https://www.google.com/calendar/embed?src=k0lv6keqn60t40jeuhtjfebrl0%40group.calendar.google.com&ctz=Europe/Vienna> on Google calendar<https://www.google.com/calendar/embed?src=k0lv6keqn60t40jeuhtjfebrl0%40group.calendar.google.com&ctz=Europe/Vienna> ECONOMICS SEMINARS <https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40group.calendar.google.com&ctz=Europe/Vienna> IN VIENNA<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40group.calendar.google.com&ctz=Europe/Vienna> on Google calendar<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40group.calendar.google.com&ctz=Europe/Vienna> [cid:image004.jpg@01CEBF6B.00DB9700]<http://economics.ihs.ac.at/> [http://www.ihs.ac.at/vienna/resources/Economics/Others/FB-f-Logo__blue_512.png]<https://www.facebook.com/IHS.Economics.and.Finance> [http://www.ihs.ac.at/vienna/resources/Economics/Others/twitter-bird-white-on...] <https://twitter.com/IHS_Eco_Fin> [http://www.ihs.ac.at/vienna/resources/Economics/Others/feed-icon-28x28.png] <http://www.facebook.com/feeds/page.php?id=177236688990366&format=atom10> Diese Zusendung erfolgt entsprechend den Bestimmungen des TKG 247107 Abs. 4. Sollten Sie keine weiteren Zusendungen wuenschen, senden Sie uns bitte eine kurze Mitteilung an: economics@ihs.ac.at<mailto:economics@ihs.ac.at>. If you do not want to receive our mailings please send an e-mail to: economics@ihs.ac.at<mailto:economics@ihs.ac.at>. Also sent to noeg-l@wu.ac.at<mailto:noeg-l@wu.ac.at> (https://mailman.wu.ac.at/mailman/listinfo/noeg-l.)