Table 1.
Measure name | Scale | Estimand | Estimateb |
---|---|---|---|
Linear difference, Dj | Absolute | Dj = Yj,1 − Yj,0 | |
Ratio, Rj | Relative | ||
Percent difference,a PDj | Relative | ||
Difference in differences, DD | Absolute | DiD = (Y1,1 − Y1,0) − (Y0,1 − Y0,0) | |
Ratio of ratios, RR | Relative | ||
Ratio of percent differences, RPD | Relative |
We omit the 100% multiplier for simplicity of notation; it does not affect conclusions.
For expressions involving the relative bias factor, we stipulate that βj,t ≠ 0 so that the adjacent Yj,t does not drop out of the expression, creating unusual results.