Locally Robust Inference with Outcomes Predicted by Machine Learning
机器学习预测结果下的局部稳健推断
Many parameters of interest in economics depend on outcomes generated by machine learning (ML).These generated outcomes are subsequently used in standard econometric estimation and typically treated as observed, a practice that threatens the validity of downstream inference. Empirically relevant cases include dynamic treatment effects under sequential exogeneity, long-term effects with surrogates, the partially linear model with an ML-predicted outcome, productivity…