TY - JOUR AU - Imbens,Guido M. AU - Wooldridge,Jeffrey M. TI - Recent Developments in the Econometrics of Program Evaluation JF - National Bureau of Economic Research Working Paper Series VL - No. 14251 PY - 2008 Y2 - August 2008 UR - http://www.nber.org/papers/w14251 L1 - http://www.nber.org/papers/w14251.pdf N1 - Author contact info: Guido Imbens Graduate School of Business Stanford University 655 Knight Way Stanford, CA 94305 Tel: 617/384-7485 Fax: 617/495-7730 E-Mail: Imbens@stanford.edu Jeffrey Wooldridge Department of Economics, Michigan State University. E-Mail: wooldri1@msu.edu AB - Many empirical questions in economics and other social sciences depend on causal effects of programs or policiy interventions. In the last two decades much research has been done on the econometric and statistical analysis of the effects of such programs or treatments. This recent theoretical literature has built on, and combined features of, earlier work in both the statistics and econometrics literatures. It has by now reached a level of maturity that makes it an important tool in many areas of empirical research in economics, including labor economics, public finance, development economics, industrial organization and other areas of empirical micro-economics. In this review we discuss some of the recent developments. We focus primarily on practical issues for empirical researchers, as well as provide a historical overview of the area and give references to more technical research. ER -