EconBase
← All papers

Trading-off Bias and Variance in Stratified Experiments and in Matching Studies, Under a Boundedness Condition on the Magnitude of the Treatment Effect

Clément de Chaisemartin

arXiv 18 May 2021 · Econometrics

arXiv:2105.08766 · PDF · DOI · OpenAlex · Extracted main text

Abstract

I consider estimation of the average treatment effect (ATE), in a population composed of $S$ groups or units, when one has unbiased estimators of each group's conditional average treatment effect (CATE). These conditions are met in stratified experiments and in matching studies. I assume that each CATE is bounded in absolute value by $B$ standard deviations of the outcome, for some known $B$. This restriction may be appealing: outcomes are often standardized in applied work, so researchers can use available literature to determine a plausible value for $B$. I derive, across all linear combinations of the CATEs' estimators, the minimax estimator of the ATE. In two stratified experiments, my estimator has twice lower worst-case mean-squared-error than the commonly-used strata-fixed effects estimator. In a matching study with limited overlap, my estimator achieves 56% of the precision gains of a commonly-used trimming estimator, and has an 11 times smaller worst-case mean-squared-error.

Citation extraction

23
references
70
in-text mentions
26
distinct cited
0
self-citations
22,975
main-text words

appendix boundary found by none_found · 100% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Behaghel, De Chaisemartin \ Gurgand (2017) `Ready for boarding? the effects of a boarding school for disadvantaged students', American Economic Journal: Applied Economics…0.693121100%
2Connors, Speroff, Dawson, Thomas, Harrell, Wagner, Desbiens, Goldman… (1996) `The effectiveness of right heart catheterization in the initial care of critically iii patients', Jama 276(11), 889–8970.69371100%
3Armstrong \ Kolesár (2021) `Sensitivity analysis using approximate moment condition models', Quantitative Economics 12(1), 77–1080.69361100%
4Crump, Hotz, Imbens \ Mitnik (2009) `Dealing with limited overlap in estimation of average treatment effects', Biometrika 96(1), 187–1990.69361100%
5Armstrong \ Kolesár (2018) `Optimal inference in a class of regression models', Econometrica 86(2), 655–6830.64441100%
blattman2016canunmatched citation key blattman2016can0.64441100%
de2020estimatingunmatched citation key de2020estimating0.64441100%
8Donoho (1994) `Statistical estimation and optimal recovery', The Annals of Statistics pp. 238–2700.64441100%
9Armstrong \ Kolesár (2018) `Optimal inference in a class of regression models', Econometrica 86(2), 655–6830.58531100%
10Armstrong \ Kolesár (2021) `Finite-sample optimal estimation and inference on average treatment effects under unconfoundedness', Econometrica 89(3), 1141–1…0.51121100%

Showing the top 10 of 26 scored citations. 2 of these could not be matched to a bibliography entry, so only the citation key is shown.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Robust Inference for Weighted Estimands0.40511