Justifying Instruments in CausalPy
regression
instrumental variables
causal inference
Abstract
Credibility in Bayesian IV designs
The Strength of Instruments
In this project I sought to outline the process of justifying instrumental variable regressions in CausalPy using the Bayesian modelling workflow. We emphasised the role of exploratory data analysis and plotting in how we come to understand the causal dynamics at play in our data generating process. The focus was on the manner of justification and role of comparative assessment in credible inference. The demonstration can be seen here.
