Unnatural Experiments? Estimating The Incidence Of Endogenous Policies  

Oleh:

Besley, Timothy ; Case, Anne

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 110 no. 467 (Nov. 2000), page 672-694.
Fulltext: 672.pdf (235.24KB)

Isi artikel

There are numerous empirical studies that exploit variation in policies over space and time in the U.S. federal system. If state policy making is purposeful action, responsive to economic and political conditions within the state, then it is necessary to identify and control for the forces that lead to these policy changes. This paper investigates the implications of policy endogeneity for a speci®c policy context ± workers' compensation bene®ts. We contrast different methods of estimation and their pros and cons in this context.

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