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On the Identifying Power of Monotonicity for Average Treatment Effects

Yuehao Bai, Shunzhuang Huang, Sarah Moon, Azeem M. Shaikh, Edward J. Vytlacil

arXiv 23 May 2024 · Econometrics

arXiv:2405.14104 · PDF · Extracted main text

Abstract

In the context of a binary outcome, treatment, and instrument, Balke and Pearl (1993, 1997) establish that the monotonicity condition of Imbens and Angrist (1994) has no identifying power beyond instrument exogeneity for average potential outcomes and average treatment effects in the sense that adding it to instrument exogeneity does not decrease the identified sets for those parameters whenever those restrictions are consistent with the distribution of the observable data. This paper shows that this phenomenon holds in a broader setting with a multi-valued outcome, treatment, and instrument, under an extension of the monotonicity condition that we refer to as generalized monotonicity. We further show that this phenomenon holds for any restriction on treatment response that is stronger than generalized monotonicity provided that these stronger restrictions do not restrict potential outcomes. Importantly, many models of potential treatments previously considered in the literature imply generalized monotonicity, including the types of monotonicity restrictions considered by Kline and Walters (2016), Kirkeboen et al. (2016), and Heckman and Pinto (2018), and the restriction that treatment selection is determined by particular classes of additive random utility models. We show through a series of examples that restrictions on potential treatments can provide identifying power beyond instrument exogeneity for average potential outcomes and average treatment effects when the restrictions imply that the generalized monotonicity condition is violated. In this way, our results shed light on the types of restrictions required for help in identifying average potential outcomes and average treatment effects.

Citation extraction

29
references
84
in-text mentions
29
distinct cited
8
self-citations
8,263
main-text words

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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
1Imbens, Guido W and Angrist, Joshua D (1994) Identification and estimation of local average treatment effects1.000125100%
2Balke, Alexander and Pearl, Judea Nonparametric bounds on causal effects from partial compliance data0.9098475%
3Balke, Alexander and Pearl, Judea (1997) Bounds on treatment effects from studies with imperfect compliance0.8749467%
4Heckman, James J and Pinto, Rodrigo (2018) Unordered monotonicity0.8434475%
5Kirkeboen, Lars J. and Leuven, Edwin and Mogstad, Magne (2016) Field of Study, Earnings, and Self-Selection0.8434475%
6Kline, Patrick and Walters, Christopher R (2016) Evaluating public programs with close substitutes: The case of Head Start0.8435460%
7Richardson, Thomas S and Robins, James M (2013) Single world intervention graphs (SWIGs): A unification of the counterfactual and graphical approaches to causality0.73732100%
8Lee, Sokbae and Salanié, Bernard (2023) Treatment Effects with Targeting Instruments0.67513531%
9Angrist, Joshua D and Imbens, Guido W and Rubin, Donald B (1996) Identification of causal effects using instrumental variables0.64422100%
10Frangakis, Constantine E and Rubin, Donald B (2002) Principal stratification in causal inference0.5112250%

Showing the top 10 of 29 scored citations.

Cited by, within the corpus

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

Citing paperIntensityMentionsSections
1Evaluating Counterfactual Policies Using Instruments1.00053
2When does IV identification not restrict outcomes?0.84353
3Treatment Effects with Targeting Instruments0.73732
4Sharp Testable Implications of Encouragement Designs0.64422
5Counting Defiers: A Design-Based Model of an Experiment Can Reveal Evidence Beyond the Average Effect0.40511
6On the falsification of instrumental variable models for heterogeneous treatment effects0.40511