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Nonparametric estimation of average treatment effects under exogeneity: a review (2004)
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| Venue: | REVIEW OF ECONOMICS AND STATISTICS |
| Citations: | 595 - 25 self |
BibTeX
@ARTICLE{Imbens04nonparametricestimation,
author = {Guido W. Imbens},
title = {Nonparametric estimation of average treatment effects under exogeneity: a review},
journal = {REVIEW OF ECONOMICS AND STATISTICS},
year = {2004},
pages = {4--29}
}
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Abstract
Recently there has been a surge in econometric work focusing on estimating average treatment effects under various sets of assumptions. One strand of this literature has developed methods for estimating average treatment effects for a binary treatment under assumptions variously described as exogeneity, unconfoundedness, or selection on observables. The implication of these assumptions is that systematic (for example, average or distributional) differences in outcomes between treated and control units with the same values for the covariates are attributable to the treatment. Recent analysis has considered estimation and inference for average treatment effects under weaker assumptions than typical of the earlier literature by avoiding distributional and functional-form assumptions. Various methods of semiparametric estimation have been proposed, including estimating the unknown regression functions, matching, methods using the propensity score such as weighting and blocking, and combinations of these approaches. In this paper I review the state of this
