کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
984414 1377403 2016 6 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Should instrumental variables be used as matching variables?
ترجمه فارسی عنوان
آیا باید متغیرهای ابزاری به عنوان متغیرهای تطبیقی استفاده بشود؟
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی


• Including instrumental variables in regression analysis increases inconsistency.
• Using instrumental variables in propensity score estimation maximizes inconsistency.
• Choosing between control variables and instrumental variables is challenging.

I show that for a linear model and estimating a coefficient on an endogenous explanatory variable, adding covariates that satisfy instrumental variables assumptions increases the amount of inconsistency. A special case is an endogenous binary treatment and estimating a constant treatment effect when matching on covariates that satisfy instrumental variables, rather than ignoribility, assumptions. I also establish a general result that implies that regression adjustment using the propensity score based on instrumental variables actually maximizes the inconsistency among regression-type estimators.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Research in Economics - Volume 70, Issue 2, June 2016, Pages 232–237
نویسندگان
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