A Structural Marginal Model and Inverse Probability of Treatment Weighting (IPTW) estimation strategy is proposed in a dynamic 2-dimensional treatment setting in order to identify and estimate both the direct and the indirect average treatment effects of a policy over time. This approach is used...

Empirical literature amp;#64257;ndings do not provide a clear-cut interpretation of the effects of public aid on amp;#64257;rms performances. We contribute to this literature analysing the eamp;#64256;ects of public regional subsidies on investment using a new dataset covering all the amp;#64257;rms in the Italian...