no code implementations • 12 Jul 2021 • Jun Ma, Vadim Marmer, Zhengfei Yu
In nonseparable triangular models with a binary endogenous treatment and a binary instrumental variable, Vuong and Xu (2017) established identification results for individual treatment effects (ITEs) under the rank invariance assumption.
no code implementations • 26 Oct 2020 • Natasha Kang, Vadim Marmer
We apply our methodology to a set of macroeconomic and financial variables for the U. S. We find evidence of long stochastic cycles in the standard business cycle variables, as well as in credit and house prices.
no code implementations • 4 Mar 2019 • Denis Kojevnikov, Vadim Marmer, Kyungchul Song
This paper is concerned with cross-sectional dependence arising because observations are interconnected through an observed network.