Syndicate content

new developments

Tools of the trade: recent tests of matching estimators through the evaluation of job-training programs

Jed Friedman's picture
Of all the impact evaluation methods, the one that consistently (and justifiably) comes last in the methods courses we teach is matching. We de-emphasize this method because it requires the strongest assumptions to yield a valid estimate of causal impact. Most importantly this concerns the assumption of unconfoundedness, namely that selection into treatment can be accurately captured solely as a function of observable covariates in the data.