Things you should know for Exam 2

Randomization

  • Understand why randomization is crucial for causal inference and counterfactuals
  • Understand the process for analyzing a randomized controlled trial

Crucial resources:

Matching and inverse probability weighting

  • Understand the intuition behind matching and inverse probability weighting
  • Understand the process for adjusting for confounders and closing backdoors with both matching and inverse probability weighting

Crucial resources:

Difference-in-difference

  • Understand the intuition behind making causal inferences with difference-in-differences
  • Understand the process for analyzing diff-in-diffs

Crucial resources:

Regression discontinuity

  • Understand the intuition behind making causal inferences with regression discontinuity
  • Understand the process for analyzing regression discontinuities, both fuzzy and sharp
  • Understand the difference between ATE and LATE

Crucial resources:

Instrumental variables

  • Understand the intuition behind using instruments for causal inference
  • Understand the three characteristics of a good instrument
  • Understand the process for analyzing data with instrumental variables and 2SLS
  • Understand the difference between ATE and LATE

Crucial resources:

Last updated on November 12, 2020

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