instrumental variables procedures using an instrument that is independent of disturbances even in finite samples. Independence is …

Instrumental Variables (IV) estimates tend to be biased in the same direction as Ordinary Least Squares (OLS) in finite … Instrumental Variables (SSIV). SSIV works as follows: we randomly split the sample in half, and use one half of the sample to … Instrumental Variables (USSIV). We apply SSIV and USSIV to the data used by Angrist and Krueger (1991) to estimate the payoff to …

In this paper we draw attention to two problems associated with the use of instrumental variables (IV) whose importance …

ideas and estimators in this paper are illustrated using instrumental variables to estimate the effects of 401(k) retirement …

on instrumental variables, is due to Manski (1990, 1994), who derives tight bounds on the average treatment effect under … a mean independence form of the instrumental variables (IV) condition. The second approach, based on latent index models …

local instrumental variables directly estimates the marginal treatment effect parameters, and thus can be used to estimate … they are not, the method of local instrumental variables can be used to produce bounds on the parameters with the width of …