Journal of Economic Theory and Econometrics: Journal of the Korean Econometric Society
Home About    Aims and Scope    Editorial Board Submit Archive Search
Journal of Economic Theory and Econometrics
JETEM/계량경제학보/計量經濟學報/JKES
Journal of the Korean Econometric Society

Regression Discontinuity Design with Endogenous Covariates

Vol.24, No.4, December , 320–337



  •   (Department of Economics, University of Minnesota)

PDF
Abstract  

Empirical researchers often include observed covariates in the Wald type implementation of Regression Discontinuity Design (RDD) estimators. When those included covariates are endogenous, we find that the resulting RDD estimator suffers from a larger asymptotic bias than the estimator with exogenous covariates but it is still consistent. We further show that the order of bias increase due to the endogeneity is the same order of bias reduction due to the inclusion of relevant endogenous covariates.


Keywords
   Regression Discontinuity Design, Treatment Effect, Asymptotic Bias, Endogeneity, Kernel estimations

JEL classification codes
   C2, C21
Links

KCI
KES
SCOPUS
MathJax