Quasi-Experiments

question 23

Multiple Choice

Quasi-experiments

• A)provide a bridge between the econometric analysis of observational data sets and the statistical ideal of a true randomized controlled experiment.
• B)are not the same as experiments, and lessons learned from the use of the latter can therefore not be applied to them.
• C)most often use difference-in-difference estimators, which are quite different from OLS and instrumental variables methods studied in earlier chapters of the book.
• D)use the same methods as studied in earlier chapters of the book, and hence the interpretation of these methods is the same.

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Definitions:

Occupations

The various types of jobs or professions individuals engage in, often as a means of earning a living and contributing to society.

Life Chances

The opportunities individuals have for achieving economic prosperity, based on their social status, education, and other factors.

Weber

Max Weber, a foundational figure in sociology known for his studies on bureaucracy, social stratification, and the sociology of religion.

Economic Standing

An individual's or a group's financial and social position in relation to others, based on income, wealth, and occupation.