Econometrics Seminar Series | Regression-Adjusted Estimation of Quantile Treatment Effects under Covariate-Adaptive Randomizations by Yichong Zhang – School of Economics Econometrics Seminar Series | Regression-Adjusted Estimation of Quantile Treatment Effects under Covariate-Adaptive Randomizations by Yichong Zhang – School of Economics

Econometrics Seminar Series | Regression-Adjusted Estimation of Quantile Treatment Effects under Covariate-Adaptive Randomizations by Yichong Zhang

Invites you to an Econometrics seminar presented by

Yichong Zhang

Singapore Management University

Regression-Adjusted Estimation of Quantile Treatment Effects under Covariate-Adaptive Randomizations

Wednesday May 25

1.00pm – 2.30pm

 Via Zoom: Meeting Link

Abstract: Datasets from field experiments with covariate-adaptive randomizations (CARs) usually contain extra covariates in addition to the strata indicators. We propose to incorporate these additional covariates via auxiliary regressions in the estimation and inference of unconditional quantile treatment effects (QTEs) under CARs. We establish the consistency and limit distribution of the regression-adjusted QTE estimator and prove that the use of multiplier bootstrap inference is non-conservative under CARs. The auxiliary regression may be estimated parametrically, nonparametrically, or via regularization when the data are high-dimensional. Even when the auxiliary regression is misspecified, the proposed bootstrap inferential procedure still achieves the nominal rejection probability in the limit under the null. When the auxiliary regression is correctly specified, the regression-adjusted estimator achieves the minimum asymptotic variance. We also discuss forms of adjustments that can improve the efficiency of the QTE estimators. The finite sample performance of the new estimation and inferential methods is studied in simulations and an empirical application to a well-known dataset concerned with expanding access to basic bank accounts on savings is reported.

For further information contact: Econometrics Research Seminar Coordinator Dr Ye Lu (ye.lu1@sydney.edu.au)

For all upcoming seminars in School of Economics see Our events and Calendar

Date

May 25 2022

Time

1:00 pm - 2:30 pm

Location

Online

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