In the Case of Heterogeneous Causal Effects, the Following Is

question 24

Multiple Choice

In the case of heterogeneous causal effects, the following is not true:

• A)in the circumstances in which OLS would normally be consistent (when E(u_i | X_i)= 0), the OLS estimator continues to be consistent.
• B)OLS estimation using heteroskedasticity-robust standard errors is identical to TSLS.
• C)the OLS estimator is properly interpreted as a consistent estimator of the average causal effect in the population being studied.
• D)the TSLS estimator in general is not a consistent estimator of the average causal effect if an individual's decision to receive treatment depends on the effectiveness of the treatment for that individual.

---

Definitions:

Likelihood

The probability or chance that a particular event will occur, often used in statistical analysis and prediction models.

Admission Decision

The outcome of the evaluation process by which institutions determine if a candidate meets the criteria for entry.

Program

A set of related measures or activities with a particular long-term aim or a sequence of instructions to perform a specific task by a computer.

Applicants

Individuals who apply for something, such as a job, course, or program, seeking to fulfill certain criteria to obtain it.