Research Methods for Corporate, Securities, and Financial Law
Identification and Estimation of Local Average Treatment Effects
Guido W. Imbens and Joshua D. Angrist
- Year
- 1994
- Venue
- Econometrica
- Level
- Advanced
Summary
Develops the local average treatment effect framework for instrumental-variables estimation when treatment effects are heterogeneous. The paper is central for understanding what IV estimates identify and why instrument validity requires more than a first-stage relationship.
Citation
Guido W. Imbens and Joshua D. Angrist. "Identification and Estimation of Local Average Treatment Effects." Econometrica, 1994.
BibTeX
@article{Imbens1994Identification,
title = {Identification and Estimation of Local Average Treatment Effects},
author = {Guido W. Imbens and Joshua D. Angrist},
year = {1994},
journal = {Econometrica},
url = {https://www.jstor.org/stable/2951620}
}