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Analyzing the effect of dynamically assigned treatments using duration models, binary treatment models, and panel data models

Research output: Contribution to journalArticle

Original languageEnglish
Pages (from-to)5-20
Number of pages16
JournalEmpirical Economics
Volume29
Issue number1
DOIs
DatePublished - Jan 2004

Abstract

Often, the moment of a treatment and the moment at which the outcome of interest occurs are realizations of stochastic processes with dependent unobserved determinants. Notably, both treatment and outcome are characterized by the moment they occur. In this paper, we compare different methods of inference of the treatment effect. We argue that the timing of the treatment relative to the outcome conveys useful information on the treatment effect, which is discarded in binary treatment frameworks.

    Research areas

  • Bivariate duration analysis, Program evaluation, Selection bias, Timing-of-events method, Treatment effects

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