Profiled Anderson--Rubin Test: Robust Inference Allowing for Direct Effects of Instruments
允许工具变量直接效应的剖面 Anderson–Rubin 稳健检验
Instrumental variable analyses often rely on the assumption that instruments affect the outcome only through the endogenous regressor. In many applications, researchers can defend only a plausible range for direct effects of instruments, while conventional sensitivity analyses may be unreliable when instruments are weak. This paper proposes the profiled Anderson--Rubin (pAR) test, which considers all direct effects within a prespecified range and retains a candidate effect…