Instrumental Variables

Vikram Dayal () and Anand Murugesan ()
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Vikram Dayal: Institute of Economic Growth
Anand Murugesan: Central European University

Chapter Chapter 8 in Demystifying Causal Inference, 2023, pp 135-168 from Springer

Abstract: Abstract Archimedes, famously said, “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” These words resonate with empirical researchers who seek a lever of their own to causally influence the treatment variable without directly affecting the outcome of interest.

Keywords: Instrumental variables; 2sls; Encouragement design; Colonial origins; Simultaneity; Brexit; Overidentification test (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-3905-3_8

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DOI: 10.1007/978-981-99-3905-3_8

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