likelihood formulation for their global estimation. We obtain solutions that satisfy the monotonicity property of conditional …

able to impose monotonicity of the estimated function. The use of such a shape restriction may signi cantly improve the … constrained estimator that imposes the monotonicity, on the other hand, signi cantly reduces variance by removing oscillations of …

Instrumental variables estimators typically must satisfy monotonicity conditions to be interpretable as capturing local … average treatment effects. Building on previous research that suggests monotonicity is unlikely to hold in the context of … impact on monotonicity bias of bandwidth selection in regression discontinuity (RD) designs, finding that "full sample …