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Cours 5

The document discusses the endogeneity problem in causal inference, highlighting the importance of ensuring that the error term does not include variables correlated with the independent variables to avoid biased estimates. It identifies three sources of endogeneity: omitted variables, reverse causality, and measurement error, and emphasizes the need for experimental or quasi-experimental techniques to address these issues. Additionally, it references the 2019 Nobel Prize winners for their experimental approach to alleviating global poverty, exemplified by the Balsakhi program aimed at improving children's learning outcomes.
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0% found this document useful (0 votes)
6 views99 pages

Cours 5

The document discusses the endogeneity problem in causal inference, highlighting the importance of ensuring that the error term does not include variables correlated with the independent variables to avoid biased estimates. It identifies three sources of endogeneity: omitted variables, reverse causality, and measurement error, and emphasizes the need for experimental or quasi-experimental techniques to address these issues. Additionally, it references the 2019 Nobel Prize winners for their experimental approach to alleviating global poverty, exemplified by the Balsakhi program aimed at improving children's learning outcomes.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Advanced Statistics

Lecture 5

Quentin Lippmann

1 / 54
Introduction to Causal Inference
The Endogeneity Problem

• We are interested in y = β0 + β1 x1 + β2 x2 + ... + u

• We need hypotheses to interpret βj as the causal effect of xj

• Crucial hypothesis: E (u/x ) = 0


• The error term should not include variables correlated with x that
have an impact on y
• In practice: very hard to satisfy

• If violated: βj is biased and corresponds to a correlation

2 / 54
The Endogeneity Problem
Formally

• We want to estimate:

Y = β0 + β1 X + u

3 / 54
The Endogeneity Problem
Formally

• We want to estimate:

Y = β0 + β1 X + u

• When E [u/X ] 6= 0 → X is endogenous

3 / 54
The Endogeneity Problem
Formally

• We want to estimate:

Y = β0 + β1 X + u

• When E [u/X ] 6= 0 → X is endogenous

• When E [u/X ] = 0 → X is exogenous

3 / 54
The Endogeneity Problem
Formally

• We want to estimate:

Y = β0 + β1 X + u

• When E [u/X ] 6= 0 → X is endogenous

• When E [u/X ] = 0 → X is exogenous

3 / 54
The Three Sources of Endogeneity

1 Omitted Variables

4 / 54
The Three Sources of Endogeneity

1 Omitted Variables

4 / 54
The Three Sources of Endogeneity

1 Omitted Variables
• Some determinants of Y are unobserved and remain in the error term
• These determinants are correlated with x
• Ex: y = wage; x = education; error term = ability

4 / 54
The Three Sources of Endogeneity

1 Omitted Variables
• Some determinants of Y are unobserved and remain in the error term
• These determinants are correlated with x
• Ex: y = wage; x = education; error term = ability

2 Reverse Causality

4 / 54
The Three Sources of Endogeneity

1 Omitted Variables
• Some determinants of Y are unobserved and remain in the error term
• These determinants are correlated with x
• Ex: y = wage; x = education; error term = ability

2 Reverse Causality
• Y also partly/entirely causes X
• Ex: y = gdp; x = institutions

4 / 54
The Three Sources of Endogeneity

1 Omitted Variables
• Some determinants of Y are unobserved and remain in the error term
• These determinants are correlated with x
• Ex: y = wage; x = education; error term = ability

2 Reverse Causality
• Y also partly/entirely causes X
• Ex: y = gdp; x = institutions

3 Measurement error

4 / 54
The Three Sources of Endogeneity

1 Omitted Variables
• Some determinants of Y are unobserved and remain in the error term
• These determinants are correlated with x
• Ex: y = wage; x = education; error term = ability

2 Reverse Causality
• Y also partly/entirely causes X
• Ex: y = gdp; x = institutions

3 Measurement error
• True variable is X ∗ but we only observe X = X ∗ + µ
• Error term contains measurement issues

4 / 54
Illustrating omitted variable bias
• An example where we assume we know parameters

True model: log(wage) = β0 + 0.08educ + 0.30ability + ε

Estimated model: log(wage) = β0 + 0.08educ + u .


• Suppose more educated people have higher ability ⇒ ability ≈ 0.5educ + v

5 / 54
Illustrating omitted variable bias
• An example where we assume we know parameters

True model: log(wage) = β0 + 0.08educ + 0.30ability + ε

Estimated model: log(wage) = β0 + 0.08educ + u .


• Suppose more educated people have higher ability ⇒ ability ≈ 0.5educ + v

• Substitute ability into the true model

5 / 54
Illustrating omitted variable bias
• An example where we assume we know parameters

True model: log(wage) = β0 + 0.08educ + 0.30ability + ε

Estimated model: log(wage) = β0 + 0.08educ + u .


• Suppose more educated people have higher ability ⇒ ability ≈ 0.5educ + v

• Substitute ability into the true model

log(wage) = β0 + 0.08educ + 0.30(0.5educ + v ) + ε

log(wage) = β0 + (0.08 + 0.15) educ + (0.30v + ε)


| {z } | {z }
0.23 u
• If you regress only on educ: the slope you pick up is about 0.23

5 / 54
Illustrating omitted variable bias
• An example where we assume we know parameters

True model: log(wage) = β0 + 0.08educ + 0.30ability + ε

Estimated model: log(wage) = β0 + 0.08educ + u .


• Suppose more educated people have higher ability ⇒ ability ≈ 0.5educ + v

• Substitute ability into the true model

log(wage) = β0 + 0.08educ + 0.30(0.5educ + v ) + ε

log(wage) = β0 + (0.08 + 0.15) educ + (0.30v + ε)


| {z } | {z }
0.23 u
• If you regress only on educ: the slope you pick up is about 0.23
• Why bigger than 0.08?
• The part of ability that moves with education gets bundled into the
education coefficient
• If the omitted variable raises Y and increases with X ⇒ upward bias

5 / 54
Introduction to Causal Inference
Solving the Endogeneity Problem

• Solving the endogeneity problem ⇒ causal inference

6 / 54
Introduction to Causal Inference
Solving the Endogeneity Problem

• Solving the endogeneity problem ⇒ causal inference

• How do researchers solve the problem?

6 / 54
Introduction to Causal Inference
Solving the Endogeneity Problem

• Solving the endogeneity problem ⇒ causal inference

• How do researchers solve the problem?


• Effect of increasing the minimum wage on employment

6 / 54
Introduction to Causal Inference
Solving the Endogeneity Problem

• Solving the endogeneity problem ⇒ causal inference

• How do researchers solve the problem?


• Effect of increasing the minimum wage on employment
• Effect of having children on wages

6 / 54
Introduction to Causal Inference
Solving the Endogeneity Problem

• Solving the endogeneity problem ⇒ causal inference

• How do researchers solve the problem?


• Effect of increasing the minimum wage on employment
• Effect of having children on wages
• Effect of migration on employment

6 / 54
Introduction to Causal Inference
Solving the Endogeneity Problem

• Solving the endogeneity problem ⇒ causal inference

• How do researchers solve the problem?


• Effect of increasing the minimum wage on employment
• Effect of having children on wages
• Effect of migration on employment

6 / 54
Introduction to Causal Inference
Solving the Endogeneity Problem

• Solving the endogeneity problem ⇒ causal inference

• How do researchers solve the problem?


• Effect of increasing the minimum wage on employment
• Effect of having children on wages
• Effect of migration on employment

• Using experimental or quasi-experimental techniques


• Randomized controlled trials
• Difference in differences
• Regression discontinuity
• Instrumental variables
• Matching

• The rest of this course is devoted to these techniques

6 / 54
1 The Endogeneity Problem

2 Motivation

3 Terminology

4 RCTs and Covariates

5 Different RCT Designs

6 Power Calculations

7 Internal and External Validity

7 / 54
The 2019 Nobel Prize in Economics

• In 2019: A. Banerjee, E. Duflot and M. Kremer were awarded the


Nobel prize in economics

8 / 54
The 2019 Nobel Prize in Economics
• In 2019: A. Banerjee, E. Duflot and M. Kremer were awarded the
Nobel prize in economics
• Why?

9 / 54
The 2019 Nobel Prize in Economics
• In 2019: A. Banerjee, E. Duflot and M. Kremer were awarded the
Nobel prize in economics
• Why? “For their experimental approach to alleviating global
poverty”
• “The laureates have used a new approach to obtaining reliable
answers about the best ways to fight global poverty

9 / 54
The 2019 Nobel Prize in Economics
• In 2019: A. Banerjee, E. Duflot and M. Kremer were awarded the
Nobel prize in economics
• Why? “For their experimental approach to alleviating global
poverty”
• “The laureates have used a new approach to obtaining reliable
answers about the best ways to fight global poverty
• “It involves dividing this issue into smaller, more manageable,
questions

9 / 54
The 2019 Nobel Prize in Economics
• In 2019: A. Banerjee, E. Duflot and M. Kremer were awarded the
Nobel prize in economics
• Why? “For their experimental approach to alleviating global
poverty”
• “The laureates have used a new approach to obtaining reliable
answers about the best ways to fight global poverty
• “It involves dividing this issue into smaller, more manageable,
questions
• “They have shown that these smaller, more precise, questions are
often best answered via carefully designed experiments among the
people who are most affected

9 / 54
The 2019 Nobel Prize in Economics
• In 2019: A. Banerjee, E. Duflot and M. Kremer were awarded the
Nobel prize in economics
• Why? “For their experimental approach to alleviating global
poverty”
• “The laureates have used a new approach to obtaining reliable
answers about the best ways to fight global poverty
• “It involves dividing this issue into smaller, more manageable,
questions
• “They have shown that these smaller, more precise, questions are
often best answered via carefully designed experiments among the
people who are most affected

• "As a direct result of one of their studies, more than five million
Indian children have benefitted from effective programmes of
remedial tutoring in schools"

9 / 54
The 2019 Nobel Prize in Economics
• In 2019: A. Banerjee, E. Duflot and M. Kremer were awarded the
Nobel prize in economics
• Why? “For their experimental approach to alleviating global
poverty”
• “The laureates have used a new approach to obtaining reliable
answers about the best ways to fight global poverty
• “It involves dividing this issue into smaller, more manageable,
questions
• “They have shown that these smaller, more precise, questions are
often best answered via carefully designed experiments among the
people who are most affected

• "As a direct result of one of their studies, more than five million
Indian children have benefitted from effective programmes of
remedial tutoring in schools"
• Today: What is this experimental approach?

9 / 54
An Example: the Balsakhi Program (Banerjee et al.
2007)

• Question: how do we improve children’s learning outcomes?

10 / 54
An Example: the Balsakhi Program (Banerjee et al.
2007)

• Question: how do we improve children’s learning outcomes?

• Motivation: we know how to get children into school but we don’t


know how to improve school quality
• More spending on textbooks:

10 / 54
An Example: the Balsakhi Program (Banerjee et al.
2007)

• Question: how do we improve children’s learning outcomes?

• Motivation: we know how to get children into school but we don’t


know how to improve school quality
• More spending on textbooks: no impact on children’s test score
• Additional teachers:

10 / 54
An Example: the Balsakhi Program (Banerjee et al.
2007)

• Question: how do we improve children’s learning outcomes?

• Motivation: we know how to get children into school but we don’t


know how to improve school quality
• More spending on textbooks: no impact on children’s test score
• Additional teachers: no impact on children’s test scores

10 / 54
An Example: the Balsakhi Program (Banerjee et al.
2007)

• Question: how do we improve children’s learning outcomes?

• Motivation: we know how to get children into school but we don’t


know how to improve school quality
• More spending on textbooks: no impact on children’s test score
• Additional teachers: no impact on children’s test scores

• Policy: hire a young woman ("balsakhi") from the community to


help children who are lagging behind for 2 hours per day

10 / 54
An Example: the Balsakhi Program (Banerjee et al.
2007)

• Question: how do we improve children’s learning outcomes?

• Motivation: we know how to get children into school but we don’t


know how to improve school quality
• More spending on textbooks: no impact on children’s test score
• Additional teachers: no impact on children’s test scores

• Policy: hire a young woman ("balsakhi") from the community to


help children who are lagging behind for 2 hours per day
• Findings: substantial positive effect on children’s academic
achievement driven entirely by children who went to the balsakhi
• Contrasts with other policies that had no effect

10 / 54
An Example: the Balsakhi Program (Banerjee et al.
2007)

• Question: how can they say that the program had a positive
effect?
• It could be that only specific schools participated in the program

• Answer:

11 / 54
An Example: the Balsakhi Program (Banerjee et al.
2007)

• Question: how can they say that the program had a positive
effect?
• It could be that only specific schools participated in the program

• Answer: Randomized Controlled Trial


• Participation in the program was randomized at the level of a school
• Schools were randomly assigned into the treatment and the control
group
• Large sample of over 15,000 students
• Two different cities

• The Balsakhi program has since been adapted, re-evaluated, and


scaled up across India to affect more than 30m children

11 / 54
1 The Endogeneity Problem

2 Motivation

3 Terminology

4 RCTs and Covariates

5 Different RCT Designs

6 Power Calculations

7 Internal and External Validity

12 / 54
Terminology

• We are interested in Y = β0 + β1 T + u

• Where T is called a treatment


• Vaccine
• Job training
• Support classes
• Two groups
• Treatment group: Ti = 1
• Control group: Ti = 0

• We can also control for additional variables X

13 / 54
1. Intent-to-Treat Effect

• Two quantities of interest

• First quantity: Intent-to-Treat Effect (ITT)


• Effect of offering a product/service
• We usually cannot force people to take the treatment

• The issue of compliance is central to RCTs


• People can refuse to take up the treatment
• Needs to be taken into account

• How do we estimate the ITT?


• Simple: compare outcome means for Treatment and Control groups
T C
• ITT: βb = Y − Y
• The ITT is estimated by regressing Yi = α + βTi + ²i

14 / 54
2. Treatment-on-the-Treated Effect

• What is the effect of a program on those who took it?

• Second quantity: Treatment-on-the-Treated Effect (ToT)


• Corresponds to the Average Treatment on the Treated (ATT)
• ITT: measures the effect of offering job training
• ToT: measures the effect of taking up the job training

• If compliance is 100%: ATT = ITT

15 / 54
2. Treatment-on-the-Treated Effect

• How do we measure the ToT?


T =1 T =0
Y −Y ITT
ToT = T =1 T =0
=
T −T takeuprate

• Formally: corresponds to an instrumental variable approach


• The allocation in the treatment or the control group corresponds to
the instrument
• We’ll come back to that later during this course

16 / 54
Time for a Quizz

17 / 54
1 The Endogeneity Problem

2 Motivation

3 Terminology

4 RCTs and Covariates

5 Different RCT Designs

6 Power Calculations

7 Internal and External Validity

18 / 54
What are Control Variables Used for in RCTs?

• In RCT:
• ITT (ToT) can be measured with a simple difference in group
means

• Why do we need other control variables?

19 / 54
What are Control Variables Used for in RCTs?

• In RCT:
• ITT (ToT) can be measured with a simple difference in group
means

• Why do we need other control variables?


1 Randomization (Balance) checks
2 Uncertainty reduction
3 Heterogeneous treatment effects

19 / 54
1. Balance checks

• What are balance checks?

20 / 54
1. Balance checks

• What are balance checks?


• Balance checks are used to measure whether the treatment’s
assignment is really random

20 / 54
1. Balance checks

• What are balance checks?


• Balance checks are used to measure whether the treatment’s
assignment is really random
• Why are they used?

20 / 54
1. Balance checks

• What are balance checks?


• Balance checks are used to measure whether the treatment’s
assignment is really random
• Why are they used?
• RCTs are supposed to solve E (u/x ) = 0
• Balance checks provide a statistical measure
• To what extent my treatment and control groups differ?

20 / 54
1. Balance checks

• What are balance checks?


• Balance checks are used to measure whether the treatment’s
assignment is really random
• Why are they used?
• RCTs are supposed to solve E (u/x ) = 0
• Balance checks provide a statistical measure
• To what extent my treatment and control groups differ?

• How do you compute them?

20 / 54
1. Balance checks

• What are balance checks?


• Balance checks are used to measure whether the treatment’s
assignment is really random
• Why are they used?
• RCTs are supposed to solve E (u/x ) = 0
• Balance checks provide a statistical measure
• To what extent my treatment and control groups differ?

• How do you compute them?


• Take pre-treatment variables such as age, gender, income, etc.
• Compute the difference in group means between treatment and
group means for each variable
• You should not find any statistical difference

20 / 54
1. Balance checks

• What are balance checks?


• Balance checks are used to measure whether the treatment’s
assignment is really random
• Why are they used?
• RCTs are supposed to solve E (u/x ) = 0
• Balance checks provide a statistical measure
• To what extent my treatment and control groups differ?

• How do you compute them?


• Take pre-treatment variables such as age, gender, income, etc.
• Compute the difference in group means between treatment and
group means for each variable
• You should not find any statistical difference
• What are their main limits?

20 / 54
1. Balance checks

• What are balance checks?


• Balance checks are used to measure whether the treatment’s
assignment is really random
• Why are they used?
• RCTs are supposed to solve E (u/x ) = 0
• Balance checks provide a statistical measure
• To what extent my treatment and control groups differ?

• How do you compute them?


• Take pre-treatment variables such as age, gender, income, etc.
• Compute the difference in group means between treatment and
group means for each variable
• You should not find any statistical difference
• What are their main limits?
• You can only run balance checks on observable characteristics
• Unobservable characteristics may still differ

20 / 54
2. Heterogeneous Treatment Effects

• In many settings: policymakers will care about effects on


particular subgroups
• by age, gender, education level, etc.

• Compute the effect of the interaction between the treatment and


one of these variables
• Limit: multiple hypothesis testing
• Probability of finding a statistically significant result increases with
the number of hypotheses tested

21 / 54
1 The Endogeneity Problem

2 Motivation

3 Terminology

4 RCTs and Covariates

5 Different RCT Designs

6 Power Calculations

7 Internal and External Validity

22 / 54
Different RCT Designs

• There are different ways to implement a RCT

• It depends on many factors such as


• The political context
• Project capacities
• The treatment

• Randomization can also occur at different levels


• Individual, school, city, etc.

• Most common designs


1 Lottery
2 Phase In
3 Encouragement Design

23 / 54
1. Lotteries
An example

• Motivation: perinatal depression ranges from 10 to 20% of the


population
• Often undiagnosed
• Important consequences on mental health
• Important consequences on economic outcomes

• Question:

24 / 54
1. Lotteries
An example

• Motivation: perinatal depression ranges from 10 to 20% of the


population
• Often undiagnosed
• Important consequences on mental health
• Important consequences on economic outcomes

• Question: can psychotherapy reduce it?


• For how long?
• Long term impacts?

• Source: Baranov, Victoria, Sonia Bhalotra, Pietro Biroli, and Joanna Maselko, "Maternal
Depression, Women’s Empowerment, and Parental Investment: Evidence from a
Randomized Controlled Trial." American Economic Review, 2020

24 / 54
1. Lotteries
An example: design

• How can we assess the impact of psychotherapy?


• Compare people with and without psychotherapy
• What is the specification? Does E (u/x ) = 0?

25 / 54
1. Lotteries
An example: design

• How can we assess the impact of psychotherapy?


• Compare people with and without psychotherapy
• What is the specification? Does E (u/x ) = 0?

• Randomized Controlled Trial:


• Provide a treatment randomly
• Cognitive behavioral therapy to perinatally depressed women

• Design:
• Rural Punjab in Pakistan from April 2005 to March 2006
• 20 villages received the treatment
• 20 villages did not
• All 3,518 pregnant women assessed for prenatal depression
• 463 in treatment vs 440 in control

25 / 54
1. Lotteries

26 / 54
1. Lotteries
Balance Checks

27 / 54
1. Lotteries

28 / 54
1. Lotteries

29 / 54
2. Phase In Design

• Problem: often impossible to implement a program everywhere at


the same time
• Because of financial and administrative reasons
• Solution: phase-in the program over several years

• Solution: phase in design


• Decompose the whole area in a large number of similar units
• Randomly draw the order of introduction of the program

30 / 54
2. Phase In Design

• Advantages
• Ethical: treatment has to be delivered to everybody (ex: medication)
• Cooperation: local authorities have an incentive to cooperate and
maintain contact with researchers

• Disadvantages
• Anticipation of future benefits can change control group behaviour
• ex: knowing that I will have access to cheap microcredit, I delay
investing now
• Impossible to estimate long-run effects
• Phases need to be long enough to allow for lagged treatment effects

31 / 54
2. Phase In Design: An Example

• Motivation: Worms infect 1 in 4 people worldwide, especially


school-age children in Africa
• Reason: poor sanitation / hygiene
• Important negative consequences on schooling

• Program: Annual mass-deworming program in Kenyan Schools

• Design
• 75 schools participated (30,000 pupils)
• Phased in over three years
• Group 1 in 1998, group 2 in 1999 and group 3 in 2000
• Identification
• 1998: Group 1 as T, groups 2+3 as C
• 1999: Groups 1+2 as T, group 3 as C

• Source: Miguel, Kremer (2004), "Worms: Identifying Impacts on Education and Health in
the Presence of Treatment Externalities", Econometrica 72(1)

32 / 54
2. Phase in Design: Balance Checks

33 / 54
2. Phase In Design: An Example

• Compliance:
• 78% of eligible pupils received medical treatment
• Those who did not take it benefited from positive externalities

• Main Results
• School absence decreases from 25% in C-schools to 16% in T-schools
• More than 1/3 reduction in absences

• Cost-effectiveness
• Cost of deworming: $0.49 per pupil per year
• $3.50 per extra school year

34 / 54
2. Phase In Design: An Example

• Strong externalities at play


• Children infect each other
• This is why ITT and ATT distinction does not matter here

• Long-term effects
• Evidence that wages are higher and long-term health is better for
those who benefited from deworming as a child

35 / 54
3. Encouragement Design

• Problem: Randomizing access to a program may not be feasible


• We want to know if using fertilizer increases farmer income
• We cannot force them to adopt the technology
• We want to know whether doorstep discussions influence voters
• We cannot force them to have a discussion

• Encouragement Design
• Randomize who receives incentives to get the treatment
• Marketing, information, reminders, financial incentives

• We need different take-up rates of treatment between the two


groups

36 / 54
3. Encouragement Design

• Question: does door-to-door canvassing influence voters?

• Problem:
• Individuals who accept to have a discussion are different from those
who don’t
• We cannot force individuals to have a discussion

• Solution: Randomized experiment


• Randomize the door-to-door strategy by precinct
• Treatment: precincts where canvassers are sent
• Control: precincts where no canvassers are sent
• Compare the vote share at the precinct level
• Context: 2012 French presidential campaign
• Source: V. Pons (2018), "Will a Five-Minute Discussion Change Your Mind? A Countrywide
Experiment on Voter Choice in France", American Economic Review, 2018

37 / 54
3. Encouragement Design

38 / 54
3. Encouragement Design: Balance Checks

39 / 54
3. Encouragement Design
Impact on turnout

40 / 54
3. Encouragement Design
Impact on left-wing candidate’s vote share

41 / 54
3. Encouragement Design

• Results
• Turnout: no impact
• Vote share: François Hollande’s vote share increased by 3.2 p.p. in
precincts targeted by canvassers

• Why is it an encouragement design?


• Not possible to force individuals to have a discussion
• Only a portion of voters will accept it → similar to taking up a
treatment
• Randomize incentives to get the treatment

42 / 54
1 The Endogeneity Problem

2 Motivation

3 Terminology

4 RCTs and Covariates

5 Different RCT Designs

6 Power Calculations

7 Internal and External Validity

43 / 54
What Are Power Calculations?

• We want to test H0 : β = 0 against H1 : β 6= 0

• Power of an experiment design ≡ Probability that we will be


able to reject H0 if H1 is correct
• Why it matters?
• When planning an experiment, one needs to plan the sample size
• The power gives us an indication on the sample size needed to
statistically identify a given treatment effect
• Without adequate power ⇒ likely to find non significant effect
• Failure to find a statistically significant effect can be misinterpreted
as the failure of the program, rather than the failure of the evaluation

44 / 54
Key Parameters

• Minimum detectable effect size


• Effect size below which we cannot precisely distinguish the effect
from zero
• Need to think about the expected effect
• MDES increases ⇒ Necessary sample size decreases

• Standard deviation of population outcome


• Measures the variability of the data
• SD increases ⇒ Necessary sample size increases

• Statistical confidence/Precision
• Type 1 errors: null hypothesis is true but is rejected (false positive)
• Type 2 errors: null hypothesis is false but fails to be rejected (false
negative)
• The greater the precision ⇒ Necessary simple size increases

• Sample size

45 / 54
Time for a Quizz

46 / 54
1 The Endogeneity Problem

2 Motivation

3 Terminology

4 RCTs and Covariates

5 Different RCT Designs

6 Power Calculations

7 Internal and External Validity

47 / 54
Criteria to Assess the Validity of a RCT

• Internal validity:
• Is the effect causal?
• Is the selection bias really zero?
• Do we measure what we intended to measure?

48 / 54
Criteria to Assess the Validity of a RCT

• Internal validity:
• Is the effect causal?
• Is the selection bias really zero?
• Do we measure what we intended to measure?

• External validity
• Can the results be extrapolated to a larger population?
• Are they just about a very specific context?

48 / 54
Threats to Internal Validity

• Failure of randomization
• Randomize based on non-random variables e.g. letters of the
alphabet

49 / 54
Threats to Internal Validity

• Failure of randomization
• Randomize based on non-random variables e.g. letters of the
alphabet

• Non-compliance with experimental protocol


• Individuals want to be part of the treatment or the control depending
on the policy
• They may pressure experimenters

49 / 54
Threats to Internal Validity

• Failure of randomization
• Randomize based on non-random variables e.g. letters of the
alphabet

• Non-compliance with experimental protocol


• Individuals want to be part of the treatment or the control depending
on the policy
• They may pressure experimenters

• Attrition
• If an experiment lasts several months/years ⇒ individuals may move
or drop out of the experiment
• One of the worst problems in practice

49 / 54
Threats to Internal Validity

• Small Samples
• Usually costly to run a RCT ⇒ researchers work with small samples
• Does not cause bias but leads to imprecision

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Threats to Internal Validity

• Small Samples
• Usually costly to run a RCT ⇒ researchers work with small samples
• Does not cause bias but leads to imprecision

• Hawthorne effect
• Subjects behaving differently because they know they are being
studied
• ex: Workers’ productivity increases because they know they are being
watched and not because of the treatment
• This is why medical trials include placebos

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Threats to Internal Validity

• Small Samples
• Usually costly to run a RCT ⇒ researchers work with small samples
• Does not cause bias but leads to imprecision

• Hawthorne effect
• Subjects behaving differently because they know they are being
studied
• ex: Workers’ productivity increases because they know they are being
watched and not because of the treatment
• This is why medical trials include placebos

• Observer Effect
• Researchers unconsciously influence the subjects
• This is why researchers do not know who got the treatment in
medical trials

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Threats to External Validity

• General Equilibrium Effects


• Would the results hold if the policy was scaled up to all the people of
a country
• ex:. impact of job training? ⇒ What happens if everyone
participates in the job training? Positive impacts on
employment/wage outcome likely to be much smaller

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Threats to External Validity

• General Equilibrium Effects


• Would the results hold if the policy was scaled up to all the people of
a country
• ex:. impact of job training? ⇒ What happens if everyone
participates in the job training? Positive impacts on
employment/wage outcome likely to be much smaller

• RCT results are context-specific


• Non-representative sample
• ex: most RCTs in developing countries come from a relatively small
number of countries that are stable and willing to
• Non-representative treatment
• ex: when scaled up, treatments are usually different

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Which matters the most?

• RCTs are designed to ensure internal validity


• They should be able to deliver causal results

• External validity remains debatable


• It is often the main limit of RCTs
• It can be addressed by comparing many different RCTs but this is
costly

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1 The Endogeneity Problem

2 Motivation

3 Terminology

4 RCTs and Covariates

5 Different RCT Designs

6 Power Calculations

7 Internal and External Validity

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Summary

• What are RCTs?


• How do they solve the selection problem?
• Intent to treat and Treatment on the treated
• The roles of covariates
• The different RCT Designs
• Power Calculations
• Internal and External validity

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