Royal Holloway, University of London
IZA World of Labor role
Author
Current position
Postgraduate Research Student, Department of Economics
Research interest
Labor Economics, Crime, Evaluation Methods, Household Behavior, Microeconometric
Qualifications
MSc Economics, Economics, University of Southampton, 2022
Selected publications
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Using instrumental variables to establish causality Updated
Even with observational data, causality can be recovered with the help of instrumental variables estimation
Grigory AleksinSascha O. Becker, September 2024Randomized control trials are often considered the gold standard to establish causality. However, in many policy-relevant situations, these trials are not possible. Instrumental variables affect the outcome only via a specific treatment; as such, they allow for the estimation of a causal effect. However, finding valid instruments is difficult. Moreover, instrumental variables (IV) estimates recover a causal effect only for a specific part of the population. While those limitations are important, the objective of establishing causality remains; and instrumental variables are an important econometric tool to achieve this objective.MoreLess