A sender sends a signal about a state to a receiver who takes an action that determines a payoff. A moderator can block some or all of the sender's signal before it reaches the receiver. When the moderator's policy is transparent to the receiver, the moderator can improve the payoff by blocking...

Linear panel models and the "event-study plots" that often accompany them are popular tools for learning about policy effects. In this paper, we introduce the "xtevent" package for Stata, which enables the construction of event-study plots following the suggestions in Freyaldenhoven et al....

We propose a way to formalize the relationship between descriptive analysis and structural estimation. A researcher reports an estimate ĉ of a structural quantity of interest c that is valid under some model. The researcher also reports descriptive statistics ˆγ that estimate features γ of...

We propose a way to formalize the relationship between descriptive analysis and structural estimation. A researcher reports an estimate ĉ of a structural quantity of interest c that is exactly or asymptotically unbiased under some base model. The researcher also reports descriptive statistics...