Structural Extrapolation in Regression Discontinuity Designs with an Application to School Expenditure Referenda
断点回归设计中的结构外推:学校支出公投应用
We propose a structural approach to extrapolate average partial effects away from the cutoff in regression discontinuity designs (RDDs). Our focus is on applications that exploit closely contested school district referenda to estimate the effects of changes in education spending on local economic outcomes. We embed these outcomes in a spatial equilibrium model of local jurisdictions in which fiscal policy is determined by majority rule voting. This integration provides a…