Petra Todd
Petra Todd
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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.

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 University of Pennsylvania since 1996. She was promoted to associate professor with tenure in 2002 and to full professor in 2006. She held the named chair of Alfred L. Cass Term Chair Professor of Economics from 2010 to 2016, and was given the Kahn Professorship in 2017.

Todd is a fellow of the Econometric Society (2009), the Society of Labor Economists (2010), and the International Association for Applied Econometrics.

Petra Todd is an empirical economist with research contributions in the area of labor economics, economics of education, development, econometrics, criminology and demography. She is best known for her work on program evaluation methods, which develops methods for evaluating the effects of interventions in education and training using both experimental and nonexperimental data. She recently finished a book manuscript Impact Evaluation in Developing Countries: Theory, Methods and Practice, coauthored with Paul Glewwe, that will be published by the World Bank in 2020.

One of Petra Todd's areas of expertise is matching methods. These statistics/econometric techniques are often used to evaluate the impact of Active Labor Market programs, which are government programs that provide education, training and incentives for unemployed or out of labor force workers to gain employment. In developing country settings, the methods are often used to evaluate the effectiveness of anti-poverty programs, such as conditional cash transfer programs. In early work, Todd and coauthors (Heckman, Ichimura & Todd 1997; Heckman, Ichimura & Todd 1998) proposed new nonparametric matching estimators that are now widely used.

Petra Todd has also written seminal papers on regression discontinuity (RD) methods. RD is a quasi-experimental design where there is a variable and a cut-off value that wholly or partly determines treatment assignment. For example, children whose pre-test score falls below a threshold may be assigned to an educational intervention. One of the earliest papers on the use of RD methods in economics is Hahn, Todd & Van der Klaauw (2001), which develops new nonparametric estimators and shows that RD has an interpretation of a local average treatment effect in a heterogeneous treatment effects setting.

Other topics in her work concerns reducing structural inequality in education, particularly in developing countries, through an educational policy that aims at improving the education of the least-well-served students. In particular she has studied the effects of programs like that provide cash incentives for poor families to send their children to school. She was an expert consultant in designing the Mexican Progresa experiment (later called Oportunidades) that randomized 506 rural villages in or out of a conditional transfer program. Experimental evidence on the effectiveness of Progresa in increasing schooling and improving health was important to the adoption of similar anti-poverty programs in more than 60 countries around the world (Parker & Todd 2017). Petra Todd also played a key role in the design of the ALI experiment in Mexico that randomized 88 high schools to a student and teacher incentive program that paid for improvement on mathematics curriculum tests. The program impacts are analyzed in Behrman et al. (2015) and the data are used to study the determinants of educational performance in Todd and Wolpin (2018).

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