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We propose a simple to implement panel data method to evaluate the impacts of social policy. The basic idea is to exploit the dependence among cross-sectional units to construct the counterfactuals. The cross-sectional correlations are attributed to the presence of some (unobserved) common factors. However, instead of trying to estimate the unobserved(More)
  • Hugh Ching
  • 2016 IEEE 15th International Conference on…
  • 2016
Mankind has inherited the earth. But, up to now there is little hint on the meaning and the purpose of this inheritance. Science, thus far, has explained only a tiny fraction. The real issue is identified as the problem of surviving the permanently uncertain future. Technically, the problem can be called the Requirement of Permanence. All the knowledge(More)
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