3. Policy Evaluation Designs

Construct untreated outcomes from trends, thresholds, comparable units and weighted donor paths

3. Policy Evaluation Designs

Each design supplies a different answer to the missing-counterfactual problem. Similar estimates across designs are informative only after their estimands and assumptions are compared.

Learning outcomes

After this module, you should be able to:

  • derive a 2×2 DID and state parallel trends in potential-outcome terms;
  • replace inappropriate staggered TWFE summaries with group-time effects;
  • design sharp and fuzzy RDD analyses around a local cutoff estimand;
  • assess overlap, balance and extreme weights in matching/IPW;
  • construct and falsify a synthetic-control counterfactual;
  • explain which diagnostic targets which identifying assumption.

Chapter route

  1. Difference-in-Differences — use an untreated trend as the missing change.
  2. Staggered DID and Event Studies — separate cohorts, horizons and sensitivity.
  3. Regression Discontinuity — compare units at an assignment cutoff.
  4. Matching and Weighting — build observable comparability and expose overlap.
  5. Synthetic Control — construct a weighted untreated path for aggregate interventions.

Prepare, work, follow up

  • Prepare (75 min): bring a policy timeline, threshold rule or treatment-assignment table from a published study.
  • Workshop (120 min): calculate DID and RDD effects; reject a poor donor pool; diagnose a propensity-score overlap failure.
  • Follow up (75 min): write a design comparison in which each robustness check is linked to one named threat.

Postgraduate extension: define group-time ATT, robust bias-corrected RD inference, doubly robust ATT and the factor structure underlying synthetic-control fit.

Next: Difference-in-Differences

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