Trabajo de grado - Maestría
Addressing bias in politician characteristic regression discontinuity designs
Fecha
2023-08-01Registro en:
instname:Universidad de los Andes
reponame:Repositorio Institucional Séneca
Autor
Torres Paz, Santiago
Institución
Resumen
Politician characteristic regression discontinuity (PCRD) designs are a popular strategy when attempting
to casually link a specific trait of an elected politician with a given outcome. However, recent research
has revealed that this methodology often fails to retrieve the target causal effect¿a problem also known
as the PCRD estimation bias. In this paper, I provide a new econometric framework to address this limitation in applied research. First, I propose a covariate-adjusted local polynomial estimator that corrects
for the PCRD estimation bias provided all relevant confounders are observed. I then leverage the statistical properties of this estimator to propose several decompositions of the bias term and discuss their
potential applications. Next, I devise a strategy to assess the robustness of the new estimator to omitted
confounders that could potentially invalidate results. Finally, I illustrate these methods through an application: a PCRD aimed at evaluating the impact of female leadership during the COVID-19 pandemic.