Evaluating Econometric Evaluations of Post-Secondary Aid

S-Tier
Journal: American Economic Review
Year: 2015
Volume: 105
Issue: 5
Pages: 502-07

Authors (4)

Score contribution per author:

2.011 = (α=2.01 / 4 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In an ongoing evaluation of post-secondary financial aid, we use random assignment to assess the causal effects of large privately-funded aid awards. Here, we compare the unbiased causal effect estimates from our RCT with two types of non-experimental econometric estimates. The first applies a selection-on-observables assumption in data from an earlier, nonrandomized cohort; the second uses a regression discontinuity design. Selection-on-observables methods generate estimates well below the experimental benchmark. Regression discontinuity estimates are similar to experimental estimates for students near the cutoff, but sensitive to controlling for the running variable, which is unusually coarse.

Technical Details

RePEc Handle
repec:aea:aecrev:v:105:y:2015:i:5:p:502-07
Journal Field
General
Author Count
4
Added to Database
2026-01-24