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
Regression Discontinuity Design (RDD) is an econometric method used to identify causal effects by examining...
Understanding the DID Method in Econometrics
In econometrics, the Difference-in-Differences (DID) method is employed to estimate causal effects by examining ...