Arbeitspapier
Bounds with Imperfect Instruments: Leveraging the Implicit Assumption of Intransitivity in Correlations
Instrumental variables (IV) is an indispensable tool for establishing causal relationships between variables. Recent work has focused on improving bounds for cases when an ideal instrument does not exist. We leverage a principle, "Intransitivity in Correlations," related to an under-utilized property from the statistics literature. From this principle, it is straightforward to obtain new bounds. We argue that these new theoretical bounds become increasingly useful as instruments become increasingly weak or invalid.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 10646
- Klassifikation
-
Wirtschaft
Single Equation Models: Single Variables: Instrumental Variables (IV) Estimation
- Thema
-
instrumental variables
bounding
partial identification
transitivity in correlations
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wiseman, Nathan
Sorensen, Todd A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Wiseman, Nathan
- Sorensen, Todd A.
- Institute of Labor Economics (IZA)
Entstanden
- 2017
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