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Empirical Techniques: Explain how each of the following techniques reduce the possibility of omitted variables when analyzing the impact of education policy. Using random assignment
Empirical Techniques: Explain how each of the following techniques reduce the possibility of omitted variables when analyzing the impact of education policy.
- Using random assignment (RCT) to evaluate the impact of a college scholarship on college attendance.
- Using family/sibling fixed effects to determine the effects of attending college on future earnings.
- Using a regression discontinuity to determine the effect of a prestigious college scholarship on future earnings. Scholarship eligibility is determined by an SAT score cutoff.
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