LATE

The Local Average Treatment Effect: the average treatment effect for compliers — the subpopulation whose treatment status is moved by the instrument (Imbens & Angrist 1994). Under instrument independence, the Exclusion-Restriction, Monotonicity, and a first stage, IV identifies the LATE, not the overall ATE (Causal-Estimand). Its value is interpretive: it names for whom an IV estimate is valid, which is why it anchors the credibility of instrumental-variables work.

Relied on by

Instrumental variables (IV) and fuzzy designs (including fuzzy RD).

Referenced by