Seminar
The Trade-Off Between Flexibility and Robustness in Instrumental Variables Analysis
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SeriesEconometrics Seminars and Workshop Series
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SpeakersBen Deaner (University College London, United Kingdom)
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FieldEconometrics, Data Science and Econometrics
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LocationUniversity of Amsterdam, room E5.22
Amsterdam -
Date and time
November 15, 2024
12:30 - 13:30
Abstract
In additive IV models, the robustness to some failure of instrumental validity or additive separability depends on the strength of a priori restrictions on the `structural function'. We provide theoretical analysis of the problem, spell out the implications for empirical practice, and demonstrate with a simulation study calibrated on real-world data.