Causal Inference

Understanding Counterfactuals and Causality in Econometrics

Understanding Counterfactuals and Causality in Econometrics

Counterfactuals in econometrics represent hypothetical scenarios used to estimate causal relationships and...

Understanding Regression Discontinuity Design (RDD) in Econometrics

Understanding Regression Discontinuity Design (RDD) in Econometrics

Regression Discontinuity Design (RDD) is an econometric method used to identify causal effects by examining...

Understanding the DID Method in Econometrics

Understanding the DID Method in Econometrics

In econometrics, the Difference-in-Differences (DID) method is employed to estimate causal effects by examining ...