Using Instrumental Variable Analyses to Inform ... - The Lewin Group
Using Instrumental Variable Analyses to Inform ... - The Lewin Group
Using Instrumental Variable Analyses to Inform ... - The Lewin Group
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• Identify instrumental variables that:<br />
• Are correlated with treatment receipt but are uncorrelated<br />
with outcomes.<br />
• Can effectively randomize subjects across treatment arms<br />
achieve equal distribution of both observed and<br />
unobserved confounders across treatment groups.<br />
• Address both overt and hidden biases in estimating the<br />
average treatment effect.<br />
• Split the variation in treatment variable in<strong>to</strong> an exogenous<br />
part and an endogenous part ‐ only the exogenous part is<br />
used <strong>to</strong> estimate treatment effect