no code implementations • 24 Jul 2023 • Yuehao Bai, Hongchang Guo, Azeem M. Shaikh, Max Tabord-Meehan
To this end, we derive the limiting behavior of a two-stage least squares estimator of the local average treatment effect which includes both the additional covariates in addition to pair fixed effects, and show that the limiting variance is always less than or equal to that of the Wald estimator.
