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Testing Identifying Assumptions in Parametric Separable Models: A Conditional Moment Inequality Approach

Leonard Goff, Désiré Kédagni, Huan Wu

arXiv 15 Oct 2024 · Econometrics

arXiv:2410.12098 · PDF · DOI · OpenAlex · Extracted main text

Abstract

In this paper, we propose a simple method for testing identifying assumptions in parametric separable models, namely treatment exogeneity, instrument validity, and/or homoskedasticity. We show that the testable implications can be written in the intersection bounds framework, which is easy to implement using the inference method proposed in Chernozhukov, Lee, and Rosen (2013), and the Stata package of Chernozhukov et al. (2015). Monte Carlo simulations confirm that our test is consistent and controls size. We use our proposed method to test the validity of some commonly used instrumental variables, such as the average price in other markets in Nevo and Rosen (2012), the Bartik instrument in Card (2009), and the test rejects both instrumental variable models. When the identifying assumptions are rejected, we discuss solutions that allow researchers to identify some causal parameters of interest after relaxing functional form assumptions. We show that the IV model is nontestable if no functional form assumption is made on the outcome equation, when there exists a one-to-one mapping between the continuous treatment variable, the instrument, and the first-stage unobserved heterogeneity.

Citation extraction

34
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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
1Card, David (2009) Immigration and inequality1.000164100%
2Nevo, Aviv and Adam M Rosen (2012) Identification with imperfect instruments1.000115100%
3Chernozhukov, Victor, Wooyoung Kim, Sokbae Lee, and Adam M Rosen (2015) Implementing intersection bounds in Stata0.92844100%
4Chernozhukov, Victor, Sokbae Lee, and Adam M Rosen (2013) Intersection bounds: Estimation and inference0.90912775%
5Conley, Timothy G., Christian B. Hansen, and Peter E. Rossi (2012) Plausibly Exogenous0.64422100%
6Huber, Martin and Giovanni Mellace (2015) Testing Instrument Validity for LATE Identification Based on Inequality Moment Constraints0.64422100%
7Masten, M. A. and A. Poirier (2021) Salvaging Falsified Instrumental Variable Models0.64422100%
8Gunsilius, Florian F (2021) Nontestability of instrument validity under continuous treatments0.64422100%
9Horowitz, Joel L and Vladimir G Spokoiny (2001) An adaptive, rate-optimal test of a parametric mean-regression model against a nonparametric alternative0.64422100%
10Imbens, Guido W and Whitney K Newey (2009) Identification and estimation of triangular simultaneous equations models without additivity0.64422100%

Showing the top 10 of 34 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
1Testing identifying assumptions in Tobit models0.58531
2Unobserved Heterogeneous Spillover Effects in Instrumental Variable Models0.51122
3Identifying causal effects with subjective ordinal outcomes0.00032
4Identification of Causal Effects with a Bunching Design0.00021