Welcome to grmpy’s documentation!¶
grmpy
is an open-source Python package for the simulation and estimation of the generalized Roy model. It serves as a teaching tool to promote the conceptual framework of the generalized Roy model, illustrate a variety of issues in the econometrics of policy evaluation, and showcase basic software engineering practices.
We build on the following main references:
James J. Heckman and Edward J. Vytlacil. Chapter 70 Econometric Evaluation of Social Programs, Part I: Causal Models, Structural Models and Econometric Policy Evaluation. Handbook of Econometrics, 6, 4779 – 4874, 2007.
James J. Heckman and Edward J. Vytlacil. Chapter 71 Econometric Evaluation of Social Programs, Part II: Using the Marginal Treatment Effect to Organize Alternative Econometric Estimators to Evaluate Social Programs, and to Forecast their Effects in New Environments. Handbook of Econometrics, 6, 4875 – 5143, 2007.
Contents: