Quantile Treatment Effects in the Presence of Covariates

• 成果类型: Article
• 署名作者: Powell, David
• 署名单位: RAND Corporation; Rand Health
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_00858
• 发表日期: 2020-12
• 页码: 994-1005
• 关键词: instrumental variables; nonseparable models; regression; identification; inference; outcomes

摘要

This paper proposes a method to estimate unconditional quantile treatment effects (QTEs) given one or more treatment variables, which may be discrete or continuous, even when it is necessary to condition on covariates. The estimator, generalized quantile regression (GQR), is developed in an instrumental variable framework for generality to permit estimation of unconditional QTEs for endogenous policy variables, but it is also applicable in the conditionally exogenous case. The framework includes simultaneous equations models with nonadditive disturbances, which are functions of both unobserved and observed factors. Quantile regression and instrumental variable quantile regression are special cases of GQR and available in this framework.