IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2404.19144.html
   My bibliography  Save this paper

A Locally Robust Semiparametric Approach to Examiner IV Designs

Author

Listed:
  • Lonjezo Sithole

Abstract

I propose a locally robust semiparametric framework for estimating causal effects using the popular examiner IV design, in the presence of many examiners and possibly many covariates relative to the sample size. The key ingredient of this approach is an orthogonal moment function that is robust to biases and local misspecification from the first step estimation of the examiner IV. I derive the orthogonal moment function and show that it delivers multiple robustness where the outcome model or at least one of the first step components is misspecified but the estimating equation remains valid. The proposed framework not only allows for estimation of the examiner IV in the presence of many examiners and many covariates relative to sample size, using a wide range of nonparametric and machine learning techniques including LASSO, Dantzig, neural networks and random forests, but also delivers root-n consistent estimation of the parameter of interest under mild assumptions.

Suggested Citation

  • Lonjezo Sithole, 2024. "A Locally Robust Semiparametric Approach to Examiner IV Designs," Papers 2404.19144, arXiv.org.
  • Handle: RePEc:arx:papers:2404.19144
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2404.19144
    File Function: Latest version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Victor Chernozhukov & Denis Chetverikov & Mert Demirer & Esther Duflo & Christian Hansen & Whitney Newey & James Robins, 2018. "Double/debiased machine learning for treatment and structural parameters," Econometrics Journal, Royal Economic Society, vol. 21(1), pages 1-68, February.
    2. Jinyong Hahn & Geert Ridder, 2013. "Asymptotic Variance of Semiparametric Estimators With Generated Regressors," Econometrica, Econometric Society, vol. 81(1), pages 315-340, January.
    3. Hansen, Christian & Kozbur, Damian, 2014. "Instrumental variables estimation with many weak instruments using regularized JIVE," Journal of Econometrics, Elsevier, vol. 182(2), pages 290-308.
    4. A. Belloni & D. Chen & V. Chernozhukov & C. Hansen, 2012. "Sparse Models and Methods for Optimal Instruments With an Application to Eminent Domain," Econometrica, Econometric Society, vol. 80(6), pages 2369-2429, November.
    5. Vasilis Syrgkanis & Victor Lei & Miruna Oprescu & Maggie Hei & Keith Battocchi & Greg Lewis, 2019. "Machine Learning Estimation of Heterogeneous Treatment Effects with Instruments," Papers 1905.10176, arXiv.org, revised Jun 2019.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alexandre Belloni & Victor Chernozhukov & Denis Chetverikov & Christian Hansen & Kengo Kato, 2018. "High-dimensional econometrics and regularized GMM," CeMMAP working papers CWP35/18, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    2. Qingliang Fan & Yaqian Wu, 2020. "Endogenous Treatment Effect Estimation with some Invalid and Irrelevant Instruments," Papers 2006.14998, arXiv.org.
    3. Alena Skolkova, 2023. "Instrumental Variable Estimation with Many Instruments Using Elastic-Net IV," CERGE-EI Working Papers wp759, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    4. Victor Chernozhukov & Juan Carlos Escanciano & Hidehiko Ichimura & Whitney K. Newey & James M. Robins, 2022. "Locally Robust Semiparametric Estimation," Econometrica, Econometric Society, vol. 90(4), pages 1501-1535, July.
    5. Breunig, Christoph & Mammen, Enno & Simoni, Anna, 2020. "Ill-posed estimation in high-dimensional models with instrumental variables," Journal of Econometrics, Elsevier, vol. 219(1), pages 171-200.
    6. Jiafeng Chen & Daniel L. Chen & Greg Lewis, 2020. "Mostly Harmless Machine Learning: Learning Optimal Instruments in Linear IV Models," Papers 2011.06158, arXiv.org, revised Jun 2021.
    7. Hoang, Daniel & Wiegratz, Kevin, 2022. "Machine learning methods in finance: Recent applications and prospects," Working Paper Series in Economics 158, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    8. Alexandre Belloni & Victor Chernozhukov & Christian Hansen & Damian Kozbur, 2016. "Inference in High-Dimensional Panel Models With an Application to Gun Control," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 34(4), pages 590-605, October.
    9. Juan Carlos Escanciano & Telmo P'erez-Izquierdo, 2023. "Automatic Locally Robust Estimation with Generated Regressors," Papers 2301.10643, arXiv.org, revised Nov 2023.
    10. Sander Gerritsen & Mark Kattenberg & Sonny Kuijpers, 2019. "The impact of age at arrival on education and mental health," CPB Discussion Paper 389.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    11. Michael Lechner, 2023. "Causal Machine Learning and its use for public policy," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 159(1), pages 1-15, December.
    12. Elliott Ash & Daniel L. Chen & Sergio Galletta, 2022. "Measuring Judicial Sentiment: Methods and Application to US Circuit Courts," Economica, London School of Economics and Political Science, vol. 89(354), pages 362-376, April.
    13. Zhang, Han, 2021. "How Using Machine Learning Classification as a Variable in Regression Leads to Attenuation Bias and What to Do About It," SocArXiv 453jk, Center for Open Science.
    14. Yiyan Huang & Cheuk Hang Leung & Xing Yan & Qi Wu & Nanbo Peng & Dongdong Wang & Zhixiang Huang, 2020. "The Causal Learning of Retail Delinquency," Papers 2012.09448, arXiv.org.
    15. Marine Carrasco & Guy Tchuente, 2016. "Efficient Estimation with Many Weak Instruments Using Regularization Techniques," Econometric Reviews, Taylor & Francis Journals, vol. 35(8-10), pages 1609-1637, December.
    16. Sander Gerritsen & Mark Kattenberg & Sonny Kuijpers, 2019. "The impact of age at arrival on education and mental health," CPB Discussion Paper 389, CPB Netherlands Bureau for Economic Policy Analysis.
    17. Hidehiko Ichimura & Whitney K. Newey, 2022. "The influence function of semiparametric estimators," Quantitative Economics, Econometric Society, vol. 13(1), pages 29-61, January.
    18. Philipp Bach & Victor Chernozhukov & Malte S. Kurz & Martin Spindler & Sven Klaassen, 2021. "DoubleML -- An Object-Oriented Implementation of Double Machine Learning in R," Papers 2103.09603, arXiv.org, revised Jun 2024.
    19. Adam Baybutt & Manu Navjeevan, 2023. "Doubly-Robust Inference for Conditional Average Treatment Effects with High-Dimensional Controls," Papers 2301.06283, arXiv.org.
    20. Agboola, Oluwagbenga David & Yu, Han, 2023. "Neighborhood-based cross fitting approach to treatment effects with high-dimensional data," Computational Statistics & Data Analysis, Elsevier, vol. 186(C).

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2404.19144. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.