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Researchers in economics and other disciplines are often interested in the causal effect of a binary treatment on outcomes. Econometric methods used to estimate such effects are divided into one of two strands depending on whether they require the conditional independence assumption (i.e.,...
Persistent link: https://www.econbiz.de/10008901216
Persistent link: https://www.econbiz.de/10009693824
Researchers in economics and other disciplines are often interested in the causal effect of a binary treatment on outcomes. Econometric methods used to estimate such effects are divided into one of two strands depending on whether they require the conditional independence assumption (i.e.,...
Persistent link: https://www.econbiz.de/10013138739
Combining machine learning with econometric analysis is becoming increasingly prevalent in both research and practice. A common empirical strategy involves the application of predictive modeling techniques to "mine" variables of interest from available data, followed by the inclusion of those...
Persistent link: https://www.econbiz.de/10012850047
Persistent link: https://www.econbiz.de/10011825627
This paper studies the identifying power of an instrumental variable in the nonparametric heterogeneous treatment … effect framework when a binary treatment is mismeasured and endogenous. Using a binary instrumental variable, I characterize …
Persistent link: https://www.econbiz.de/10011994692
This paper provides an introduction into the estimation of Marginal Treatment Effects (MTE). Compared to the existing … econometric techniques who would like to use MTE estimation. Our framework of analysis is a generalized Roy model based on the … discuss MTE estimation as an alternative and more informative way of exploiting a continuous instrument. We clarify the …
Persistent link: https://www.econbiz.de/10011502829
This paper provides an introduction into the estimation of Marginal Treatment Effects (MTE). Compared to the existing … econometric techniques who would like to use MTE estimation. Our framework of analysis is a generalized Roy model based on the … discuss MTE estimation as an alternative and more informative way of exploiting a continuous instrument. We clarify the …
Persistent link: https://www.econbiz.de/10011499992
Persistent link: https://www.econbiz.de/10011703401
Structural econometric methods are often criticized for being sensitive to functional form assumptions. We study parametric estimators of the local average treatment effect (LATE) derived from a widely used class of latent threshold crossing models and show they yield LATE estimates...
Persistent link: https://www.econbiz.de/10011825221