Huntington-Klein, Nick - In: Journal of Causal Inference 8 (2020) 1, pp. 182-208
Abstract In Instrumental Variables (IV) estimation, the effect of an instrument on an endogenous variable may vary across the sample. In this case, IV produces a local average treatment effect (LATE), and if monotonicity does not hold, then no effect of interest is identified. In this paper, I...