4.9 Potential outcomes (multiple treatment values) (skip!)

  • If a treatment variable has several values, it matters what values we contrast
    • Q: Think of the question “Does education lead to higher income?” and an individual “Peter”
      • How many values does the treatment variable have in the above graph? How many potential outcomes are there at a particular moment in time?
      • Between which treatment values would you expect the biggest income difference at age 25 and age 40?