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Petra Todd
Petra Elisabeth (Crockett) Todd is an American economist whose research interests include labor economics, development economics, microeconomics, and econometrics. She is the Edward J. and Louise W. Kahn Term Professor of Economics at the University of Pennsylvania, and is also affiliated with the University of Pennsylvania Population Studies Center, the Human Capital and Equal Opportunity Global Working Group (HCEO), the IZA Institute of Labor Economics and the National Bureau of Economic Research. Education and career Petra Todd graduated from the University of Virginia in 1989 with a double major in economics and English. She did her graduate studies in economics at the University of Chicago, completing her Ph.D. in 1996. Her dissertation, ''Three Essays on Empirical Methods for Evaluating the Impact of Policy Interventions in Education and Training'', was jointly supervised by James Heckman, Hidehiko Ichimura, and Derek Allen Neal. She has been a faculty member at the Unive ...
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University Of Pennsylvania
The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universities by numerous organizations and scholars. While the university dates its founding to 1740, it was created by Benjamin Franklin and other Philadelphia citizens in 1749. It is a member of the Ivy League. The university has four undergraduate schools as well as twelve graduate and professional schools. Schools enrolling undergraduates include the College of Arts and Sciences, the School of Engineering and Applied Science, the Wharton School, and the School of Nursing. Among its highly ranked graduate schools are its law school, whose first professor wrote the first draft of the United States Constitution, its medical school, the first in North America, and Wharton, the first collegiate business school. Penn's endowment is US$20.7 billio ...
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Matching (statistics)
Matching is a statistical technique which is used to evaluate the effect of a treatment by comparing the treated and the non-treated units in an observational study or quasi-experiment (i.e. when the treatment is not randomly assigned). The goal of matching is to reduce bias for the estimated treatment effect in an observational-data study, by finding, for every treated unit, one (or more) non-treated unit(s) with similar observable characteristics against which the covariates are balanced out. By matching treated units to similar non-treated units, matching enables a comparison of outcomes among treated and non-treated units to estimate the effect of the treatment reducing bias due to confounding. Propensity score matching, an early matching technique, was developed as part of the Rubin causal model, but has been shown to increase model dependence, bias, inefficiency, and power and is no longer recommended compared to other matching methods. Matching has been promoted by Donald Rubi ...
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Econometrica
''Econometrica'' is a peer-reviewed academic journal of economics, publishing articles in many areas of economics, especially econometrics. It is published by Wiley-Blackwell on behalf of the Econometric Society. The current editor-in-chief is Guido Imbens. History ''Econometrica'' was established in 1933. Its first editor was Ragnar Frisch, recipient of the first Nobel Memorial Prize in Economic Sciences in 1969, who served as an editor from 1933 to 1954. Although ''Econometrica'' is currently published entirely in English, the first few issues also contained scientific articles written in French. Indexing and abstracting ''Econometrica'' is abstracted and indexed in: * Scopus * EconLit * Social Science Citation Index According to the ''Journal Citation Reports'', the journal has a 2020 impact factor of 5.844, ranking it 22/557 in the category "Economics". Awards issued The Econometric Society aims to attract high-quality applied work in economics for publication in ''Eco ...
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The Review Of Economic Studies
''The Review of Economic Studies'' (also known as ''REStud'') is a quarterly peer-reviewed academic journal covering economics. It was established in 1933 by a group of economists based in Britain and the United States. The original editorial team consisted of Abba P. Lerner, Paul Sweezy, and Ursula Kathleen Hicks. It is published by Oxford University Press. The journal is widely considered one of the top 5 journals in economics. It is managed by the editorial board currently chaired by Nicola Fuchs-Schündeln ( Goethe University Frankfurt). The current joint managing editors are Thomas Chaney ( Sciences Po), Andrea Galeotti (London Business School), Nicola Gennaioli (Bocconi University), Veronica Guerrieri (University of Chicago), Kurt Mitman (Institute for International Economic Studies, Stockholm University), Francesca Molinari (Cornell University), Uta Schönberg (University College London), and Adam Szeidl (Central European University). According to the ''Journal Citation R ...
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Dynamic Discrete Choice
Dynamic discrete choice (DDC) models, also known as discrete choice models of dynamic programming, model an agent's choices over discrete options that have future implications. Rather than assuming observed choices are the result of static utility maximization, observed choices in DDC models are assumed to result from an agent's maximization of the present value of utility, generalizing the utility theory upon which discrete choice models are based. The goal of DDC methods is to estimate the structural parameters of the agent's decision process. Once these parameters are known, the researcher can then use the estimates to simulate how the agent would behave in a counterfactual state of the world. (For example, how a prospective college student's enrollment decision would change in response to a tuition increase.) Mathematical representation Agent n's maximization problem can be written mathematically as follows: : V\left(x_\right)=\max_ \mathbb \left(\sum_^T \sum_^J \beta^ \le ...
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Kenneth Wolpin
Kenneth I. Wolpin is an American economist, currently the Distinguished Research Professor and Lay Family Professor of Economics at Rice University. At University of Pennsylvania, he was previously the Walter H. and Leonore Annenberg Professor of Social Sciences and Lawrence R. Klein Professor of Economics. From 2008 to 2011, he was also Editor of Wiley journal ''International Economic Review'' and also, from 1987 to 1997, co-editor of University of Wisconsin journal Journal of Human Resources ''The Journal of Human Resources'' is a quarterly peer-reviewed academic journal covering empirical microeconomics. It was established in 1965 and is published by The University of Wisconsin Press. The editor-in-chief is Anna Aizer (Brown Universi .... References Year of birth missing (living people) Living people Rice University faculty American economists University of Pennsylvania faculty CUNY Graduate Center alumni City College of New York alumni Fellows of the Econometric ...
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Michael Keane (economist)
Michael Patrick Keane (born 1961) is an American-born economist; he is the Polk Carey Distinguished Professor at Johns Hopkins University. Keane was previously a professor at the University of New South Wales and the Nuffield Professor of Economics at the University of Oxford. He is considered one of the world's leading experts in the fields of Choice Modelling, structural modelling, simulation estimation, and panel data econometrics. He is also one of the world's leading economists by many measures of research productivity. Keane works in numerous areas including labor economics, econometrics, consumer demand models, marketing, industrial organization, health economics, and trade. He is currently a chief investigator of the Australian Research Council Centre of Excellence in Population Ageing Research (Cepar). From 2006–10 he was Co-Director of the Centre for the Study of Choice (CenSoC) at UTS. Keane became a dual citizen of Australia in 2010. Education and career Keane wa ...
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African-American
African Americans (also referred to as Black Americans and Afro-Americans) are an Race and ethnicity in the United States, ethnic group consisting of Americans with partial or total ancestry from sub-Saharan Africa. The term "African American" generally denotes descendants of Slavery in the United States, enslaved Africans who are from the United States. While some Black immigrants or their children may also come to identify as African-American, the majority of first generation immigrants do not, preferring to identify with their nation of origin. African Americans constitute the second largest racial group in the U.S. after White Americans, as well as the third largest ethnic group after Hispanic and Latino Americans. Most African Americans are descendants of enslaved people within the boundaries of the present United States. On average, African Americans are of West Africa, West/Central Africa, Central African with some European descent; some also have Native Americans in th ...
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Racial Profiling
Racial profiling or ethnic profiling is the act of suspecting, targeting or discriminating against a person on the basis of their ethnicity, religion or nationality, rather than on individual suspicion or available evidence. Racial profiling involves discrimination against minority populations and often builds on negative stereotypes of the targeted demographic. Racial profiling can involve disproportionate Stop and search, stop searches, traffic stops, and the use of surveillance technology for Facial recognition system, facial identification. Canada Accusations of racial profiling of visible minorities who accuse police of targeting them due to their ethnic background is a growing concern in Canada. In 2005, the Kingston Police released the first study ever in Canada which pertains to racial profiling. The study focused on the city of Kingston, Ontario, a small city where most of the inhabitants are white. The study showed that black-skinned people were 3.7 times more likely to be ...
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Oportunidades
''Oportunidades'' (English: Opportunities; now rebranded as ''Prospera'') is a government social assistance program in Mexico founded in 2002, based on a previous program called ''Progresa'', created in 1997.Paying for Better Parenting
''New York Times'', Accessed 12/07/06
It is designed to target poverty by providing cash payments to families in exchange for regular school attendance, health clinic visits, and nutrition support.Mexico's Oportunidades Program
Accessed 12/07/06
''Oportunidades'' is cre ...
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Educational Policy
Education policy consists of the principles and policy decisions that influence the field of education, as well as the collection of laws and rules that govern the operation of education systems. Education governance may be shared between the local, state, and federal government at varying levels. Some analysts see education policy in terms of social engineering. Education takes place in many forms for many purposes through many institutions. Examples of such educational institutions may include early childhood education centers, kindergarten to 12th grade schools, two- and four-year colleges or universities, graduate and professional education institutes, adult-education establishments, and job-training schemes. The educational goals of these institutions influence education policy. Furthermore, these education policies can affect the education people engage in at all ages. Examples of areas subject to debate in education policy, specifically from the field of schools, includ ...
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Structural Inequality In Education
Structural inequality has been identified as the bias that is built into the structure of organizations, institutions, governments, or social networks. Structural inequality occurs when the fabric of organizations, institutions, governments or social networks contains an embedded bias which provides advantages for some members and marginalizes or produces disadvantages for other members. This can involve property rights, status, or unequal access to health care, housing, education and other physical or financial resources or opportunities. Structural inequality is believed to be an embedded part of the culture of the United States due to the history of slavery and the subsequent suppression of equal civil rights of minority races. Structural inequality has been encouraged and maintained in the society of the United States through structured institutions such as the public school system with the goal of maintaining the existing structure of wealth, employment opportunities, and socia ...
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