Which empirical approach would be best suited to estimating the effect of the job-training program on earnings?

Question

Quizplus · Accepted Answer

A quasi-experiment is the best choice as it involves selecting a group that receives the job-training program and comparing their earnings before and after the training to a control group that does not receive the training. This allows for the estimation of the causal effect of the training on earnings by controlling for other factors that may affect earnings. Time series analysis, cross-sectional regression analysis, and structural modeling are not as suitable for estimating causal effects in this context.

Which Empirical Approach Would Be Best Suited to Estimating the Effect