An omitted variable bias framework for sensitivity analysis of instrumental variables
工具变量敏感性分析的遗漏变量偏误框架
Abstract We develop an omitted variable bias framework for sensitivity analysis of instrumental variable estimates that naturally handles multiple side effects (violations of the exclusion restriction assumption) and confounders (violations of the ignorability of the instrument assumption) of the instrument, exploits expert knowledge to bound sensitivity parameters and can be easily implemented with standard software. Specifically, we introduce sensitivity statistics for…