Cornell University

This is a past event. Its details are archived for historical purposes.

The contact information may no longer be valid.

Please visit our current events listings to look for similar events by title, location, or venue.

Econometrics Workshop: Ismaël Mourifié

Tuesday, March 26, 2019 at 11:40am to 1:10pm

Uris Hall, 498
Central Campus

Ismaël Mourifié - University of Toronto

Sharp Bounds of Testability of a Roy Model of STEM Major Choices (joint w/Marc Henry and Romuald Méango)

Abstract: We analyze the empirical content of the Roy model, stripped down to its essential features, namely sector specific unobserved heterogeneity and self-selection on the basis of potential outcomes. We characterize sharp bounds on the joint distribution of potential outcomes and testable implications of the Roy self-selection model under an instrumental constraint on the joint distribution of potential outcomes we call stochastically monotone instrumental variable (SMIV).  We show that testing the Roy model selection is equivalent to testing stochastic monotonicity of observed outcomes relative to the instrument. We apply our sharp bounds to the derivation of a measure of departure from Roy self-selection to identify values of observable characteristics that induce the most costly misallocation of talent and sector and are therefore prime targets for intervention. Special emphasis is put on the case of binary outcomes, which has received little attention in the literature to date. For richer sets of outcomes, we emphasize the distinction between pointwise sharp bounds and functional sharp bounds, and its importance, when constructing sharp bounds on functional features, such as inequality measures. We analyze a Roy model of college major choice in Canada and Germany within this framework, and we take a new look at the under-representation of women in STEM.

Subscribe
Google Calendar iCal Outlook
Event Type

Class/ Workshop

Departments

Economics

Tags

economics, EconSeminar, EconMetrics

Hashtag

#CornellEcon

Contact E-Mail

alg5@cornell.edu

Contact Name

Amy Moesch

Contact Phone

607-255-5617

Speaker

Ismael Mourifiè

Speaker Affiliation

University of Toronto

Open To

Cornell Economics Community (List Serve Members)