EconBase
← All papers

Unconditional Effects of General Policy Interventions

Julian Martinez-Iriarte, Gabriel Montes-Rojas, Yixiao Sun

arXiv 7 Jan 2022 · Econometrics · publishedJournal of Econometrics (2023) · 5 citations (OpenAlex)

arXiv:2201.02292 · PDF · DOI · OpenAlex · Extracted main text

Abstract

This paper studies the unconditional effects of a general policy intervention, which includes location-scale shifts and simultaneous shifts as special cases. The location-scale shift is intended to study a counterfactual policy aimed at changing not only the mean or location of a covariate but also its dispersion or scale. The simultaneous shift refers to the situation where shifts in two or more covariates take place simultaneously. For example, a shift in one covariate is compensated at a certain rate by a shift in another covariate. Not accounting for these possible scale or simultaneous shifts will result in an incorrect assessment of the potential policy effects on an outcome variable of interest. The unconditional policy parameters are estimated with simple semiparametric estimators, for which asymptotic properties are studied. Monte Carlo simulations are implemented to study their finite sample performances. The proposed approach is applied to a Mincer equation to study the effects of changing years of education on wages and to study the effect of smoking during pregnancy on birth weight.

Citation extraction

28
references
48
in-text mentions
28
distinct cited
1
self-citations
15,640
main-text words

appendix boundary found by appendix_titled_section at “Appendix” · 60% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Firpo, Fortin, and Lemieux (2009) Unconditional quantile regression0.97715593%
2Rothe (2012) Partial Distributional Policy Effects0.64422100%
3van der Vaart (1998) Asymptotic Statistics0.5112250%
4Wooldridge (2002) Econometric Analysis of Cross Section and Panel Data0.5112250%
5Martinez-Iriarte and Sun (2023) Identification and Estimation of Unconditional Policy Effects of an Endogenous Binary Treatment: an Unconditional MTE Approach0.5112250%
6Abrevaya (2001) The effects of Demographics and Maternal Behavior on the Distribution of birth outcomes0.51121100%
7Sasaki, Ura, and Zhang (2020) Unconditional Quantile Regression with High Dimensional Data0.51121100%
8Autor, Katz, and Kearney (2005) Rising wage inequality: The role of composition and prices0.40511100%
9Chernozhukov and Fernández-Val (2011) Inference for Extremal Conditional Quantile Models, with an Application to Market and Birthweight Risks0.40511100%
10Fortin, Lemieux, and Firpo (2011) Decomposition methods in economics0.40511100%

Showing the top 10 of 28 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Identification and Estimation of Unconditional Policy Effects of an Endogenous Binary Treatment: An Unconditional MTE Approach0.73732
2Unconditional Quantile Partial Effects via Conditional Quantile Regression0.64422