Permanent URL to this publication: http://dx.doi.org/10.5167/uzh-51928
Boes, Stefan (2009). Bounds on Counterfactual Distributions Under Semi-Monotonicity Constraints. Working paper series / Socioeconomic Institute No. 920, University of Zurich.
This paper explores semi-monotonicity constraints in the distribution of potential outcomes, first, conditional on an instrument, and second, in terms of the response function. The imposed assumptions are strictly weaker than traditional instrumental variables assumptions and can be gainfully employed to bound the counterfactual distributions, even though point identification is only achieved in special cases. The bounds have a simple analytical form and thus have much practical relevance in all instances when strong exogeneity assumptions cannot be credibly invoked. The bounding strategy is illustrated in a simulated data example and applied to the effect of education on smoking.
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|Item Type:||Working Paper|
|Communities & Collections:||03 Faculty of Economics > Department of Economics
Working Paper Series > Socioeconomic Institute (former)
|Dewey Decimal Classification:||330 Economics|
|JEL Classification:||C14, C21, C25|
|Deposited On:||29 Nov 2011 20:09|
|Last Modified:||05 Apr 2016 15:10|
|Series Name:||Working paper series / Socioeconomic Institute|
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