L2-Boosting for Economic Applications

S-Tier
Journal: American Economic Review
Year: 2017
Volume: 107
Issue: 5
Pages: 270-73

Authors (2)

Ye Luo (University of Hong Kong) Martin Spindler (not in RePEc)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We present the L2-Boosting algorithm and two variants, namely post-Boosting and orthogonal Boosting. Building on results in Ye and Spindler (2016), we demonstrate how boosting can be used for estimation and inference of low-dimensional treatment effects. In particular, we consider estimation of a treatment effect in a setting with very many controls and in a setting with very many instruments. We provide simulations and analyze two real applications. We compare the results with Lasso and find that boosting performs quite well. This encourages further use of boosting for estimation of treatment effects in high-dimensional settings.

Technical Details

RePEc Handle
repec:aea:aecrev:v:107:y:2017:i:5:p:270-73
Journal Field
General
Author Count
2
Added to Database
2026-01-25