Purpose – To explain the current status of the SEC’s year-old Municipalities Continuing Disclosure Cooperation (MCDC) initiative, which encourages municipal securities issuers, borrowers, and underwriters to self-report possible securities law violations related to inaccurate representations...

Background:Cluster randomization (CR) is often used for program evaluation when simple random assignment is inappropriate or infeasible. Pairwise cluster random (PCR) assignment is a more efficient alternative, but evaluators seemed to be deterred from PCR because of bias and identification...

Background:Corrections agencies frequently place offenders into risk categories, within which offenders receive different levels of supervision and programming. This supervision strategy is seldom evaluated but often can be through routine use of a regression discontinuity design (RDD). This...

Research synthesis of evaluation findings is a multistep process. An investigator identifies a research question, acquires the relevant literature, codes findings from that literature, and analyzes the coded data to estimate the average treatment effect and its distribution in a population of...

Regressions that control for confounding factors are the workhorse of evaluation research. When treatment effects are heterogeneous, however, the workhorse regression leads to estimated treatment effects that lack behavioral interpretations even when the selection on observables assumption...