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Further results on instrumental variables estimation of average treatment effects in the correlated random coefficient model

Economics LettersPublished 5 April 2003
Jeffrey M. Wooldridge
Citations186
SJR quartileQ2
SJR score0.76
SNIP0.98

Abstract

I show that standard instrumental variables estimators, applied to an equation containing levels and interactions, consistently estimate the average treatment effect under weaker conditions than those needed for the two-stage plug-in estimators proposed by Heckman and Vytlacil [Journal of Human Resources 33 (1998) 974].

Keywords

MathematicsEconomics, Econometrics and Finance