Local projections for applied economics

Ò Jordà - Annual Review of Economics, 2023 - annualreviews.org
The dynamic causal effect of an intervention on an outcome is of paramount interest to
applied macro-and microeconomics research. However, this question has been generally …

Designing difference-in-difference studies with staggered treatment adoption: Key concepts and practical guidelines

C Wing, M Yozwiak, A Hollingsworth… - Annual Review of …, 2024 - annualreviews.org
Difference-in-difference (DID) estimators are a valuable method for identifying causal effects
in the public health researcher's toolkit. A growing methods literature points out potential …

What's trending in difference-in-differences? A synthesis of the recent econometrics literature

J Roth, PHC Sant'Anna, A Bilinski, J Poe - Journal of Econometrics, 2023 - Elsevier
This paper synthesizes recent advances in the econometrics of difference-in-differences
(DiD) and provides concrete recommendations for practitioners. We begin by articulating a …

Two-way fixed effects and differences-in-differences with heterogeneous treatment effects: A survey

C De Chaisemartin… - The Econometrics …, 2023 - academic.oup.com
Linear regressions with period and group fixed effects are widely used to estimate policie's
effects: 26 of the 100 most cited papers published by the American Economic Review from …

An introductory guide to event study models

DL Miller - Journal of Economic Perspectives, 2023 - aeaweb.org
The event study model is a powerful econometric tool used for the purpose of estimating
dynamic treatment effects. One of its most appealing features is that it provides a built-in …

Two-way fixed effects estimators with heterogeneous treatment effects

C De Chaisemartin, X d'Haultfoeuille - American economic review, 2020 - aeaweb.org
Linear regressions with period and group fixed effects are widely used to estimate treatment
effects. We show that they estimate weighted sums of the average treatment effects (ATE) in …

Revisiting event-study designs: robust and efficient estimation

K Borusyak, X Jaravel, J Spiess - Review of Economic Studies, 2024 - academic.oup.com
We develop a framework for difference-in-differences designs with staggered treatment
adoption and heterogeneous causal effects. We show that conventional regression-based …

Visualization, identification, and estimation in the linear panel event-study design

S Freyaldenhoven, C Hansen, JP Pérez, JM Shapiro - 2021 - nber.org
Linear panel models, and the “event-study plots” that often accompany them, are popular
tools for learning about policy effects. We discuss the construction of event-study plots and …

The effect of COVID certificates on vaccine uptake, health outcomes, and the economy

M Oliu-Barton, BSR Pradelski, N Woloszko… - Nature …, 2022 - nature.com
In the COVID-19 pandemic many countries required COVID certificates, proving vaccination,
recovery, or a recent negative test, to access public and private venues. We estimate their …

On event studies and distributed‐lags in two‐way fixed effects models: Identification, equivalence, and generalization

K Schmidheiny, S Siegloch - Journal of Applied Econometrics, 2023 - Wiley Online Library
We discuss three important properties of panel data event study designs. First, assuming
constant treatment effects before and/or after some event time, also known as binning, is a …