Showing 1 - 10 of 20
We nest an extended two-way fixed effect (ETWFE) estimator for staggered difference-in-differences within the structural gravity model. To test the ETWFE, we estimate the effects of regional trade agreements (RTAs). The results suggest that RTA estimates in the current gravity literature may be...
Persistent link: https://www.econbiz.de/10014435475
The economic policy response to COVID-19 lockdowns included a variety of measures. Their effects on non-financial firms, however, remain unclear. To shed light on the effect of transfers, we investigate the effect of German emergency aid transfers (November-December aid), a program designed for...
Persistent link: https://www.econbiz.de/10013205580
effects in evaluation studies without knowledge of the participation process. The practical concern is the effects of … fundamental problem of all evaluation studies without good knowledge of the relationship between potential outcomes and the …
Persistent link: https://www.econbiz.de/10011622732
propensity score matching, we find that the emergency aid program had only moderately positive effects on the confidence of the …
Persistent link: https://www.econbiz.de/10013411282
A central question in applied research is to estimate the effect of an exogenous intervention or shock on an outcome. The intervention can affect the outcome and controls on impact and over time. Moreover, there can be subsequent feedback between outcomes, controls and the intervention. Many of...
Persistent link: https://www.econbiz.de/10015056147
By international comparison as well as compared to other EU policies, the EU‘s Cohesion Policy (CP) evaluation system … is far developed and institutionalized. This paper analyses the remaining gaps and shortcomings in the CP evaluation … presence of a broad and imprecise CP objective function emerges as a key challenge for evaluations. The evaluation culture is …
Persistent link: https://www.econbiz.de/10014566802
We develop a flexible semiparametric time series estimator that is then used to assess the causal effect of monetary policy interventions on macroeconomic aggregates. Our estimator captures the average causal response to discrete policy interventions in a macro-dynamic setting, without the need...
Persistent link: https://www.econbiz.de/10012459297
Persistent link: https://www.econbiz.de/10014342246
We present new evidence on the impact of more generous unemployment insurance (UI) on workers' ability to find jobs better suited to their skills. Using Longitudinal Employer-Household Dynamics data, we find the UI extensions introduced in the U.S. improved the quality of worker-job matches....
Persistent link: https://www.econbiz.de/10012481429
selection) in matching, instrumental variable and control functions methods. (2) It contrasts the roles of exclusion … restrictions in matching and selection models. (3) It characterizes the sensitivity of matching to the choice of conditioning …. (4) It demonstrates the problem of choosing the conditioning variables in matching and the failure of conventional model …
Persistent link: https://www.econbiz.de/10012469205