Chaisemartin, Clément de - In: Quantitative economics : QE ; journal of the … 8 (2017) 2, pp. 367-396
treatment. This last condition, the so-called monotonicity condition, is often implausible. This paper starts by showing that … actually, IVs are still valid under a weaker condition than monotonicity. It then derives conditions that are sufficient for … applications where this weaker condition is applicable while monotonicity is not. Overall, this paper extends the applicability of …