Welfare analysis meets causal inference

We describe a frame work for empirical welfare analysis that uses the causal estimates of a policy’s impact on net government spending. This framework provides guidance for which causal effects are (and are not) needed for empirical welfare analysis of public policies. The key ingredient is the cons...

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Bibliographic Details
Main Authors: Finkelstei, Amy, Hendren, Nathaniel
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:English
Published: American Economic Association 2021
Online Access:https://hdl.handle.net/1721.1/130347