A Practical Method of Estimation and Inference for Policy-Relevant Treatment Effects

@inproceedings{Sasaki2018APM,
  title={A Practical Method of Estimation and Inference for Policy-Relevant Treatment Effects},
  author={Yuya Sasaki and Takuya Ura},
  year={2018}
}
This paper presents a practical method of estimation and inference for the policy-relevant treatment effects. Based on the characterization of this treatment parameter as a weighted average derivative (Heckman and Vytlacil, 2001, 2005, 2007), we apply the methods and theory of average derivative estimation to the framework of the policy-relevant treatment effects. Our proposed method yields point estimates with valid standard errors. Simulation studies confirm our theoretical results. 
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