IISER MOHALI

To continue with the first session, in the second session, I would like to take you through Instrumental Variable estimation to take cautionary steps for endogenous treatments. I would also like to discuss how to identify instruments and how to check their relevance and validity. At the end, I would like to show you how Panel data models can serve the same purpose of instrumental variable estimation through an alternative way.

About the Speaker: Dr. Sabuj Kumar Mandal is currently working as an Associate Professor of economics in the Department of Humanities and Social Sciences, Indian Institute of Technology Madras (IITM), Chennai. He completed his B.Sc (Economics) from the Scottish Church College, Kolkata, and M.Sc (Economics) from the University of Calcutta with a specialisation in Econometrics and Environmental and Resource Economics. He completed his doctoral degree in economics from the Institute for Social and Economic Change, Bangalore. His teaching and research interests include Applied Econometrics, Energy and Environmental Economics (efficiency analysis), Oil price shocks and stock market behaviour, Climate Change and Migration, Corporate Social Responsibility and Firm Performance, and behavioural and experimental economics. He has several national and international publications to his credit, including Energy Policy, World Development, Journal of Development Studies, Journal of Policy Modelling, Water Resources and Economics, Energy Efficiency, and Scientific Reports. He was awarded the Young Economist Award 2015 by the Indian Econometric Society for his contribution to quantitative economics. He was awarded the Fulbright Nehru Academic and Professional Excellence Award 2020-21 (research category) and was affiliated with Arizona State University for collaborative research.