Identification and Estimation of Local Average Treatment Effects

Joshua Angrist and Guido Imbens

No 118, NBER Technical Working Papers from National Bureau of Economic Research, Inc

Abstract: We investigate conditions sufficient for identification of average treatment effects using instrumental variables. First we show that the existence of valid instruments is not sufficient to identify any meaningful average treatment effect. We then establish that the combination of an instrument and a condition on the relation between the instrument and the participation status is sufficient for identification of a local average treatment effect for those who can be induced to change their participation status by changing the value of the instrument. Finally we derive the probability limit of the standard IV estimator under these conditions. It is seen to be a weighted average of local average treatment effects.

Date: 1995-02
Note: LS
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (68)

Published as Econometrica, March 1994.

Downloads: (external link)
http://www.nber.org/papers/t0118.pdf (application/pdf)

Related works:
Journal Article: Identification and Estimation of Local Average Treatment Effects (1994)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberte:0118

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/t0118

Access Statistics for this paper

More papers in NBER Technical Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().