Impact of Need-Based Financial Aid on Student Persistence at Public Institutions: An Application of the Regression-Discontinuity Design

2017 ◽  
Author(s):  
William R. Doyle ◽  
Jungmin Lee ◽  
Tuan D Nguyen
Keyword(s):  
Financial Aid ◽  
Student Persistence ◽  
Regression Discontinuity ◽  
Public Institutions ◽  
Regression Discontinuity Design

scholarly journals Evaluating Econometric Evaluations of Post-Secondary Aid

2015 ◽  
Vol 105 (5) ◽  
pp. 502-507 ◽  
Author(s):  
Josh Angrist ◽  
David Autor ◽  
Sally Hudson ◽  
Amanda Pallais
Keyword(s):  
Financial Aid ◽  
Regression Discontinuity ◽  
Causal Effect ◽  
Causal Effects ◽  
Regression Discontinuity Design ◽  
Random Assignment ◽  
Post Secondary ◽  
Design Selection ◽  
Ongoing Evaluation

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.

scholarly journals Merit Aid, College Quality, and College Completion: Massachusetts' Adams Scholarship as an In-Kind Subsidy

2014 ◽  
Vol 6 (4) ◽  
pp. 251-285 ◽  
Author(s):  
Sarah R. Cohodes ◽  
Joshua S. Goodman
Keyword(s):  
Theoretical Prediction ◽  
Regression Discontinuity ◽  
Public Institutions ◽  
Public Colleges ◽  
College Completion ◽  
Regression Discontinuity Design ◽  
Completion Rates ◽  
Merit Aid ◽  
College Quality ◽  
College Completion Rates

We analyze a Massachusetts merit aid program that gives high-scoring students tuition waivers at in-state public colleges with lower graduation rates than available alternative colleges. A regression discontinuity design comparing students just above and below the eligibility threshold finds that students are remarkably willing to forgo college quality and that scholarship use actually lowered college completion rates. These results suggest that college quality affects college completion rates. The theoretical prediction that in-kind subsidies of public institutions can reduce consumption of the subsidized good is shown to be empirically important. (JEL H75, I22, I23, I28)

scholarly journals Effectiveness of a Power Factor Correction Policy in Improving the Energy Efficiency of Large-Scale Electricity Users in Ghana

Energies ◽  
2019 ◽  
Vol 12 (13) ◽  
pp. 2582 ◽  
Author(s):  
Samuel Lotsu ◽  
Yuichiro Yoshida ◽  
Katsufumi Fukuda ◽  
Bing He
Keyword(s):  
Energy Efficiency ◽  
Power Factor ◽  
Large Scale ◽  
Regression Discontinuity ◽  
Power Factor Correction ◽  
Energy Crisis ◽  
Regression Discontinuity Design ◽  
The Government ◽  
Power Factor Improvement ◽  
The Impact

Confronting an energy crisis, the government of Ghana enacted a power factor correction policy in 1995. The policy imposes a penalty on large-scale electricity users, namely, special load tariff (SLT) customers of the Electricity Company of Ghana (ECG), whose power factor is below 90%. This paper investigates the impact of this policy on these firms’ power factor improvement by using panel data from 183 SLT customers from 1994 to 1997 and from 2012. To avoid potential endogeneity, this paper adopts a regression discontinuity design (RDD) with the power factor of the firms in the previous year as a running variable, with its cutoff set at the penalty threshold. The result shows that these large-scale electricity users who face the penalty because their power factor falls just short of the threshold are more likely to improve their power factor in the subsequent year, implying that the power factor correction policy implemented by Ghana’s government is effective.

How Much of the Incumbency Advantage is Due to Scare-Off?

2015 ◽  
Vol 3 (3) ◽  
pp. 493-514 ◽  
Author(s):  
Andrew B. Hall ◽  
James M. Snyder
Keyword(s):  
Regression Discontinuity ◽  
Regression Discontinuity Design ◽  
Incumbency Advantage ◽  
Previous Election ◽  
Us Senate ◽  
State Legislative

This paper uses a regression discontinuity design to estimate the degree to which incumbents scare off challengers with previous officeholder experience. The estimates indicate a surprisingly small amount of scare-off, at least in cases where the previous election was nearly tied. As Lee and others have shown (and as we confirm for our samples) the estimated party incumbency advantage in these same cases is quite large—in fact, it is about as large as the average incumbency advantage for all races found using other approaches. Drawing from previous estimates of the electoral value of officeholder experience, we thus calculate that scare-off in these cases accounts for only about 5–7 percent of the party incumbency advantage. We show that these patterns are similar in elections for US House seats, statewide offices and US senate seats, and state legislative seats.

scholarly journals Does Energy Consumption Respond to Price Shocks? Evidence from a Regression-Discontinuity Design

2015 ◽  
Vol 63 (2) ◽  
pp. 249-278
Author(s):  
Paulo Bastos ◽  
Lucio Castro ◽  
Julian Cristia ◽  
Carlos Scartascini
Keyword(s):  
Energy Consumption ◽  
Regression Discontinuity ◽  
Regression Discontinuity Design ◽  
Price Shocks
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