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Average treatment effect for the treated
Average treatment effect for the treated
E (Y1|D = 1) − E (Y0|D = 1)
Unless randomized assignment to treatment, the outcome of the
control group is biased by endogenous selection:
Unless randomized assignment to treatment, the outcome of the control group is biased by endogenous selection:
E (Y0|D = 1) ≠ E (Y0|D = 0)
Comparison of the outcome of the treatment
group before and after the treatment
Comparison of the outcome of the treatment group before and after the treatment
Popular estimator
No ___ ___, but the ___ before the ___ may not be a good ___ of the ___ ___ without the treatment after the treatment:
business cycle effects, increased experience, inflation,...
No ___ ___, but the ___ before the ___ may not be a good ___ of the ___ ___ without the treatment after the treatment: business cycle effects, increased experience, inflation,...
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