Search Results - subject_exact:"Instrumental variables estimation"

Transition to motherhood : the role of health

Simankova, Irina; Tauchmann, Harald - 2024

The age at which women become mothers for the first time is ever increasing in many industrialized countries. Therefore, fertility determinants that might deteriorate with age, such as health, and their effect on reproductive patterns, should be given more attention. We explore the effect of the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014532025

Maternal labour supply and school enrolment laws : empirical evidence from Brazilian primary school reforms

Cusimano, Alessandro; Rodrigues, Diego da Silva; … - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014530966

The returns to education in Arkansas : evidence from the 1987 compulsory education law

Patrinos, Harry Anthony; Rivera-Olvera, Angelica - 2026

This paper estimates the returns to education in Arkansas-one of the last states to extend compulsory schooling-using ACS 2023 data and the 1987 Compulsory Schooling Law (CSL) reform as an instrument. OLS estimates imply returns of 9.5-10.4 percent per year of schooling. The CSL reform increased...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015562762

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The returns to education in Arkansas : evidence from the 1987 Compulsory Education Law

Patrinos, Harry Anthony; Rivera-Olvera, Angelica - 2026

Book / Working Paper

Price discovery with a richer market microstructure noise

Dias, Gustavo Fruet; Fernandes, Marcelo; Scherrer, Cristina - 2026 - This version: January 29, 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015615683

DAG-based local projections

Raunig, Burkhard - 2026

Directed acyclic graphs (DAGs) provide a transparent framework for encoding causal structures and identifying causal effects. This paper demonstrates how DAGs help specify local projections (LPs) for estimating causal impulse responses. Examples illustrate how graphical rules can be used to...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015586640

Weak instrument bias in impulse response estimators

Lewis, Daniel J.; Mertens, Karel - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015606655

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Weak instrument bias in impulse response estimators

Lewis, Daniel J.; Mertens, Karel - 2026

Book / Working Paper

Weak instrument bias in impulse response estimators

Lewis, Daniel J.; Mertens, Karel - 2026

Book / Working Paper

Review of proxy vector autoregressive analysis

Bruns, Martin; Lütkepohl, Helmut - 2026 - This version: January 30, 2026

In structural vector autoregressive analysis it has become quite popular to identify some structural shocks of interest by external instruments or proxies. This study points out a range of areas where such proxies have been used and sketches the way the proxies have been constructed. It reviews...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015607672

Multiple monetary policy shocks from daily data : a heteroskedasticity IV approach

Burri, Marc; Kaufmann, Daniel - 2026

We extend the heteroskedasticity IV estimator of Rigobon and Sack (2004) from one to multiple monetary policy shocks by imposing recursive zero restrictions on the impact matrix. Unlike high-frequency identification, the approach requires neither intraday tick data nor precise announcement...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015625606

Testing IV validity and LATE interpretation using flexible covariate specifications

Krumme, Anna; Westphal, Matthias - 2026

Building on the testable implications for IV validity underlying local average treatment effect (LATE) estimation, we (i) propose a simple testing procedure that may accommodate high-dimensional covariates and (ii) demonstrate that it can also detect biases arising from misspecified IV...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015638105

Testing identifying assumptions in Tobit models

Acerenza, Santiago; Bartalotti, Otávio; Veneri, Federico - 2026

We develop testable implications for the identifying assumptions of Tobit and IV-Tobit models: linear index, (joint) normality of errors, treatment (instrument) exogeneity, and relevance. The new testable equalities can detect all possible observable violations of the identifying conditions. The...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015638520

Harnessing genetic variants for local average treatment effect estimation

Bia, Michela; Menta, Giorgia; Huber, Martin; … - 2026

When multiple instruments are available, conventional instrumental variable estimators aggregate across potentially heterogeneous margins of compliance and may yield effects that lack a clear economic interpretation. The problem is compounded when some instruments violate the exclusion...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015638521

Instrumental-variable poisson PML with high-dimensional fixed effects

Kwon, Ohyun; Larch, Mario; Yoon, Jangsu; Yotov, Yoto - 2026

We implement an instrumental-variable Poisson pseudo-maximum likelihood estimator with high-dimensional fixed effects (IV-PPML-HDFE). To correct for incidental parameter bias, we use a split-panel jackknife (SPJ) routine with bootstrapped standard errors. Monte Carlo simulations across the three...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015638860

Quantile selection in the gender pay gap

Batbayar, Egshiglen; Breunig, Christoph; Haan, Peter; … - 2026

We propose a new approach to estimate selection-corrected quantiles of the gender wage gap. Our method employs instrumental variables that explain variation in the latent variable but, conditional on the latent process, do not directly affect selection. We provide semiparametric identification...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015640929

Indirect estimators of intergenerational mobility

Del Pizzo, Andrea; Nybom, Martin; Stuhler, Jan - 2026

This chapter reviews indirect estimators of intergenerational mobility, focusing on approaches that infer parent-child or other family associations when direct income data are incomplete or unavailable. We synthesize methods based on instrumental variables, imputation using observable...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015641605

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Indirect estimators of intergenerational mobility

Del Pizzo, Andrea; Nybom, Martin; Stuhler, Jan - 2026

Book / Working Paper

Indirect estimators of intergenerational mobility

Del Pizzo, Andrea; Nybom, Martin; Stuhler, Jan - 2026

Book / Working Paper

A practical guide to instrumental variables methods with heterogeneous treatment effects

Słoczyński, Tymon; Sun, Liyang; Uysal, Selver Derya - 2026

Instrumental variables (IV) methods are central to applied microeconomics. While classical approaches assume linear models with constant effects, recent literature has shifted toward the local average treatment effect (LATE) framework to accommodate heterogeneous treatment effects. This paper...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015656256

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A practical guide to instrumental variables methods with heterogeneous treatment effects

Słoczyński, Tymon; Sun, Liyang; Uysal, Selver Derya - 2026

Book / Working Paper

Estimates of government spending multipliers in Australian data

Reynolds, Zac; Fisher, Lance A. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015633899

One instrument, many treatments: instrumental variables identification of multiple causal effects

Angrist, Joshua D.; Santos, Andres; Tecchio, Otávio - 2026

Many instrumental variables applications specify a single Bernoulli treatment. But instruments may change outcomes through multiple pathways or by varying treatment intensity. Lottery instruments that boost charter school enrollment, for instance, may affect outcomes by lengthening time enrolled...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015573626

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One Instrument, Many Treatments : Instrumental Variables Identification of Multiple Causal Effects

Angrist, Joshua D.; Santos, Andres; Tecchio, Otávio - 2025

Book / Working Paper

Assessment of the impact of financial literacy on inflation expectations based on pseudo-panel data for Russia

Tumanyants, Karen A.; Kuleshov, Fyodor B.; Penikas, Henry; … - 2026

Many studies have found that inflation expectations vary systematically across population groups. This heterogeneity is driven among other factors by the level of financial literacy - a pattern documented for Russia as well. Earlier Russian evidence, however, rested on a single survey wave; we...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015668276

Reconciling estimates of the long-term earnings effect of fertility

Bensnes, Simon; Huitfeldt, Ingrid; Leuven, Edwin - 2026

This paper reconciles different approaches to estimating the labor market effects of children. Combining elements from event-study and instrumental-variable estimators we find that while both approaches imply a 15 percent increase in the mother-partner earnings gap ("child penalty"), they differ...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015653496

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Reconciling estimates of the long-term earnings effect of fertility

Bensnes, Simon; Huitfeldt, Ingrid; Leuven, Edwin - 2023

Book / Working Paper

Reconciling estimates of the long-term earnings effect of fertility

Bensnes, Simon; Huitfeldt, Ingrid; Leuven, Edwin - 2023

Book / Working Paper

Empirical challenges with peers-of-peers instruments in the linear-in-means model

Canen, Nathan; Chadha, Shantanu - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015672966

Continuous endogenous variables in partially linear regression models

Golinelli, Davide; Musolesi, Antonio; Soberon, Alexandra - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015676534

Treatment effect identification under selection on potential outcomes

Hoshino, Takahiro; Shinoda, Kazuhiko; Otsu, Taisuke - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016059186

Unlocking potential : Investigating the prolonged impact of formal childcare intensity on non-cognitive skills

Ward, Lucy - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015675038

When the air doesn't move the data : the thermal inversion instrument in developing countries

Yamada, Hiroyuki - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016073945

Education and earnings in Europe

Patrinos, Harry Anthony; Rivera-Olvera, Angelica - 2026

Schooling increases earnings but getting causal information on the impact of schooling requires generating evidence from policy changes. In this paper, we estimate causal effects of additional education on earnings using new compulsory schooling law data across 16 European countries. We use...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016074526

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Education and earnings in Europe

Patrinos, Harry Anthony; Rivera-Olvera, Angelica - 2026

Book / Working Paper

Estimating the causal effect of cardiometabolic conditions on socioeconomic and healthcare outcomes : a scoping review of Mendelian randomization studies

Pedron, Sara; Tan, Xiao; Maushagen, Juliane; Stephan, … - 2026

Background Cardiometabolic risk factors and conditions are the leading contributors to morbidity and mortality, yet quantifying their causal effects on socioeconomic outcomes using observational data is challenging due to endogeneity. Using genetic variants as instrumental variables, Mendelian...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016070920

Instrument-hacking

Keane, Michael P.; Neal, Timothy; Vu, Patrick - 2026

In instrumental-variable (IV) studies, researchers often evaluate multiple candidate instruments and selectively report the specification with the most favorable first- or second-stage statistics. We show that this form of instrument selection ("instrument-hacking") induces median bias in IV...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016082546

Intertemporal elasticity of labor supply : evidence from New York City taxicab drivers using a new instrument

Kamble, Vikrant V.; Motghare, Swapnil - 2026

We estimate the intertemporal elasticity of labor supply for New York City taxicab drivers using a new instrument: the type of taximeter installed in the vehicle. The two meter systems in use display different default tip percentages, generating plausibly exogenous variation in tip income and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016084769

Nonparametric Identification of Demand without Exogenous Product Characteristics

Borusyak, Kirill; Chen, Jiafeng; Hull, Peter; Lei, Lihua - 2026

We study identification of differentiated product demand from market-level data when product characteristics can be endogenous. Past work suggests nonparametric identification may be impossible: that is, in addition to standard price instruments, exogenous characteristic-based instruments are...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015611147

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Nonparametric identification of demand without exogenous product characteristics

Borusyak, Kirill; Chen, Jiafeng; Hull, Peter; Lei, Lihua - 2026

Book / Working Paper

New region, new chances : does moving regionally for university shape later job mobility?

Ehrenfried, Felix; Fackler, Thomas; Lindlacher, Valentin - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014323333

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New region, new chances : does moving regionally for university shape later job mobility?

Ehrenfried, Felix; Fackler, Thomas; Lindlacher, Valentin - 2022

Book / Working Paper

The Yule-Frisch-Waugh-Lovell theorem for linear instrumental variables estimation

Basu, Deepankar - 2023

In this paper, I discuss three aspects of the Frisch-Waugh-Lovell theorem. First, I show that the theorem holds for linear instrumental variables estimation of a multiple regression model that is either exactly or overidentified. I show that with linear instrumental variables estimation: (a)...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014430876

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The Yule-Frisch-Waugh-Lovell theorem for linear instrumental variables estimation

Basu, Deepankar - 2023

Book / Working Paper

Bayesian Inference in IV Regressions

Giannone, Domenico; Lenza, Michele; Primiceri, Giorgio E. - 2026

It is well known that standard frequentist inference breaks down in IV regressions with weak instruments. Bayesian inference with diffuse priors suffers from the same problem. We show that the issue arises because flat priors on the first-stage coefficients overstate instrument strength. In...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015593722

Causal inference and quasi-experimental methods in behavioral economics

Aliende, Iñaki - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015640889

Have we under-estimated inflation persistence before WW1? : US and international evidence

Gerlach, Stefan; Stuart, Rebecca - 2025

We argue that measurement error in historical price data has led researchers to erroneously believe that there was little persistence of inflation during the 19th century. Using a statistical technique that accounts for these errors, we estimate the persistence of (a) US inflation and (b)...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015373777

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Have we under-estimated inflation persistence before WW1? : US and international evidence

Gerlach, Stefan; Stuart, Rebecca - 2025

Book / Working Paper

Instrumental variables with time-varying exposure : new estimates of revascularization effects on quality of life

Angrist, Joshua D.; Ferman, Bruno; Gao, Carol; Hull, Peter - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015211806

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Instrumental Variables with Time-Varying Exposure : New Estimates of Revascularization Effects on Quality of Life

Angrist, Joshua D.; Ferman, Bruno; Gao, Carol; Hull, Peter - 2024

Book / Working Paper

The Incredible Shrinking Instruments : Using Empirical Bayes to Increase Efficiency in IV Designs with Many Instruments

Frandsen, Brigham R.; Lefgren, Lars; Leslie, Emily C.; … - 2026

In instrumental variables (IV) estimation with many instruments, such as judge fixed effects designs, the precision of the jackknife-estimated first stage can vary widely across observations. When such variability exists, we show that the precision of JIVE second-stage estimates is meaningfully...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015593708

Negative control falsification tests for instrumental variable designs

Danieli, Oren; Nevo, Daniel; Walk, Itai; Weinstein, Bar; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016061833

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Negative control falsification tests for instrumental variable designs

Danieli, Oren; Nevo, Daniel; Walk, Itai; Weinstein, Bar; … - 2025 - Draft: April 9, 2025

Edition: Draft: April 9, 2025

Book / Working Paper

Negative control falsification tests for instrumental variable designs

Danieli, Oren; Nevo, Daniel; Walk, Itai; Weinstein, Bar; … - 2024

Book / Working Paper

Regression analysis with independent variables in shares : a guide and an empirical example

Morawetz, Ulrich B.; Klaiber, H. Allen - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015333780

Global value chains and income inequality in Africa

Mumin, Yazeed Abdul; Ali, Williams - 2025

Recent technological advances and policy initiatives present Africa with enormous growth potential from participating in global value chains (GVCs). However, the widening income inequality is raising questions as to whether participation in GVCs plays any role in this observed phenomenon....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015337730

Does democracy cause gender equality?

Andersen, Thomas Barnebeck - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014247324

Linear fixed-effects estimation with nonrepeated outcomes

Farbmacher, Helmut; Tauchmann, Harald - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014321658

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Linear fixed-effects estimation with non-repeated outcomes

Farbmacher, Helmut; Tauchmann, Harald - 2021

Book / Working Paper

Design-based identification with formula instruments : a review

Borusyak, Kirill; Hull, Peter; Jaravel, Xavier - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015357823

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Design-based identification with formula instruments : a review

Borusyak, Kirill; Hull, Peter; Jaravel, Xavier - 2023

Book / Working Paper

Design-Based Identification with Formula Instruments : A Review

Borusyak, Kirill; Hull, Peter; Jaravel, Xavier - 2023

Book / Working Paper

Identification of treatment effects under limited exogenous variation

Newey, Whitney K.; Stouli, Sami - 2025 - Date: January 24, 2025

Multidimensional heterogeneity and endogeneity are important features of a wide class of econometric models. With control variables to correct for endogeneity, nonparametric identification of treatment effects requires strong support conditions. To alleviate this requirement, we consider varying...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015191459

Simple estimation of semiparametric models with measurement errors

Evdokimov, Kirill S.; Zeleneev, Andrei - 2025 - This version: November 28, 2024

We develop a practical way of addressing the Errors-In-Variables (EIV) problem in the Generalized Method of Moments (GMM) framework. We focus on the settings in which the variability of the EIV is a fraction of that of the mismeasured variables, which is typical for empirical applications. For...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015178608

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Simple estimation of semiparametric models with measurement errors

Evdokimov, Kirill S.; Zeleneev, Andrei - 2024 - This version: March 15, 2024

Edition: This version: March 15, 2024

Book / Working Paper

Marginal effects for probit and tobit with endogeneity

Evdokimov, Kirill S.; Kalina, Ilze; Zeleneev, Andrei - 2025 - This version: December 2024

When evaluating partial effects, it is important to distinguish between structural endogeneity and measurement errors. In contrast to linear models, these two sources of endogeneity affect partial effects differently in nonlinear models. We study this issue focusing on the Instrumental Variable...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015178609

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Marginal effects for probit and tobit with endogeneity

Evdokimov, Kirill S.; Kalnina, Ilze; Zeleneev, Andrei - 2024 - This version: February 6, 2024

Edition: This version: February 6, 2024

Book / Working Paper

Marginal effects for probit and tobit with endogeneity

Evdokimov, Kirill S.; Kalnina, Ilze; Zeleneev, Andrei - 2023 - This version: June 22, 2023

Edition: This version: June 22, 2023

Book / Working Paper

The Impact of military expenditures on economic growth : a new instrumental variables approach

Saeed, Luqman - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015182073

Causal effects of education on marriage

Ahn, Kunwon; Winters, John V. - 2025

Many nations have experienced both rising education levels and declining marriage rates. However, cross-sectional comparisons within countries often indicate that more highly educated individuals are more likely to be married. Economic theory suggests ambiguous causal effects of education on...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015196679

Robust inference in instrumental variable models

Klooster, Jens - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015199696

Going beyond randomised controlled trials to assess treatment effect heterogeneity across target populations

Lugo-Palacios, David G.; Bidulka, Patrick; O'Neill, Stephen - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015358398

Laboratory experiments in consumer research : estimating the effect of a manipulation-check variable

Abe, Makoto - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015359676