中南财经政法大学：《金融计量学》课程教学课件（双语讲稿）Chapter 03 Causal Inference framework 1

Outline ·Causal Effect ·Rubin Causal Model The Applications for Rubin Causal Model 11

• Causal Effect • Rubin Causal Model • The Applications for Rubin Causal Model 11 Outline

Rubin Causal Model Causal Effect and Potential Outcomes: ·Treatment-→Potential outcome(潜在结果)】 Treatment outcome and non-treatment outcome(Discrete and continuous). ·Doi→Yoi,D1i→Yii Education Di and income Yi. Potential outcome is predetermined.Not dependent on the status of treatment. 12

• Causal Effect and Potential Outcomes: • Treatment→Potential outcome (潜在结果). • Treatment outcome and non-treatment outcome (Discrete and continuous). • 𝐷0𝑖 → 𝑌0𝑖 , 𝐷1𝑖 → 𝑌1𝑖 • Education 𝐷𝑖 and income 𝑌𝑖 . • Potential outcome is predetermined. Not dependent on the status of treatment. 12 Rubin Causal Model