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Consider the following causal question: What is the impact of stay-at-home orders due to COVID-19 on economic activity in a state? For above question address
Consider the following causal question:
- What is the impact of stay-at-home orders due to COVID-19 on economic activity in a state?
For above question address the following issues
- What is the outcome variable of interest and how would you characterize the "treatment"?
- 2Indicate plausible sources of selection or omitted-variable bias that led you to believe that direct comparisons of outcomes from observational data would not yield a good measure of the causal effect
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