Average Treatment Effect Estimation with Non-binary Instrumental Variables
利用非二元工具变量估计平均处理效应
Non-binary instrumental variables, especially continuous ones, are common in practice. A binary recoding induces a Wald ratio but may discard useful variation and reduce efficiency. Although fully nonparametric approaches can in principle use the entire instrument, they often require high-dimensional nuisance estimation which can be unstable with rich covariates. We address this problem by developing a generalized Wald estimand for binary treatments that uses the full…