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In the context of a binary outcome, treatment, and instrument, Balke and Pearl (1993, 1997) establish that the monotonicity condition of Imbens and Angrist (1994) has no identifying power beyond instrument exogeneity for average potential outcomes and average treatment effects in the sense that...
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This paper considers identification and inference about the sign of the average effect of a binary endogenous regressor (or treatment) on a binary outcome of interest when a binary instrument is available. In this setting, the average effect of the endogenous regressor on the outcome is...
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This paper exposits and relates two distinct approaches to bounding the average treatment effect. One approach, based 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...
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This chapter uses the marginal treatment effect (MTE) to unify and organize the econometric literature on the evaluation of social programs. The marginal treatment effect is a choice-theoretic parameter that can be interpreted as a willingness to pay parameter for persons at a margin of...
Persistent link: https://www.econbiz.de/10014024944
This chapter relates the literature on the econometric evaluation of social programs to the literature in statistics on “causal inference”. In it, we develop a general evaluation framework that addresses well-posed economic questions and analyzes agent choice rules and subjective evaluations...
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