BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//CREST - ECPv5.1.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:CREST
X-ORIGINAL-URL:https://crest.science
X-WR-CALDESC:Events for CREST
BEGIN:VTIMEZONE
TZID:Europe/Helsinki
BEGIN:DAYLIGHT
TZOFFSETFROM:+0200
TZOFFSETTO:+0300
TZNAME:EEST
DTSTART:20260329T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0200
TZNAME:EET
DTSTART:20261025T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Helsinki:20260113T121500
DTEND;TZID=Europe/Helsinki:20260113T133000
DTSTAMP:20260709T224956
CREATED:20251222T110035Z
LAST-MODIFIED:20260106T085958Z
UID:18661-1768306500-1768311000@crest.science
SUMMARY:Christophe BRUNEEL-ZUPANC  (KU Leuven) "Don't (fully) exclude me\, it's not necessary! Causal inference with semi-IVs"
DESCRIPTION:[vc_row][vc_column][vc_column_text]Macro seminar\nTime : 12h15 – 13h30 \nDate : 13 th  January 2026 \nSalle 3001 \nChristophe Bruneel-Zupanc (KU Leuven) “Don’t (fully) exclude me\, it’s not necessary! Causal inference with semi-IVs” \nAbstract: This paper proposes semi-instrumental variables (semi-IVs) as a practical alternative to instrumental variables (IVs) to identify the causal effect of a binary (or discrete) endogenous treatment. A semi-IV is a less restrictive form of instrument that is relevant but excluded only from one\, not necessarily both\, potential outcomes. Having two semi-IVs\, one excluded from the treated and the other from the untreated potential outcomes\, is sufficient to nonparametrically point identify the local average treatment effect (LATE) and marginal treatment effect (MTE). In practice\, semi-IVs provide a solution to the problem of finding valid IVs\, because they are easier to find: most selection-specific shocks\, policies\, costs\, or benefits are valid semi-IVs. As an application\, I estimate the returns to manufacturing using sector-specific semi-IVs. \n  \n  \n
URL:https://crest.science/event/christophe-bruneel-zupanc-ku-leuven-t-b-a/
CATEGORIES:Macroeconomics,Seminars
ATTACH;FMTTYPE=:
END:VEVENT
END:VCALENDAR