Statical Model
As the PEYA program is a Randomized Control Trial (RCT)- Experiment, we estimate the effect of the policy by estimating the intent to treat (ITT) with the following analysis of covariates specification:where i is the index of an individual,
As discussed in the Experiment's setting, the grant is randomized at each individual level. Thus, to calculate the standard error, we use the robust standard error.
