Difference-in-Differences
- Social Sciences -
Economics & Business Dictionary
Definition
An analytics concept defining statistical methods used to estimate relationships, evaluate interventions, and generate forecasts. It specifies data requirements, estimation procedures, and uncertainty measures used to support decision-making. It does not prove causation without an appropriate identification strategy, data quality checks, and sensitivity analysis.
Difference-in-Differences
Social Sciences Dictionary
Definition
A quasi‑experimental estimation technique that identifies a treatment effect by comparing changes in outcomes over time between a treated group and a control group, attributing the differential change to the treatment under the parallel trends assumption and other identifying conditions.