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?
- Q: Think of the question “Does education lead to higher income?” and an individual “Peter”