Showing 1 - 10 of 122
We develop a framework for difference-in-differences designs with staggered treatment adoption and heterogeneous causal effects. We show that conventional regression-based estimators fail to provide unbiased estimates of relevant estimands absent strong restrictions on treatment-effect...
Persistent link: https://www.econbiz.de/10013186725
Persistent link: https://www.econbiz.de/10015359376
We develop a framework for difference-in-differences designs with staggered treatment adoption and heterogeneous causal effects. We show that conventional regression-based estimators fail to provide unbiased estimates of relevant estimands absent strong restrictions on treatment-effect...
Persistent link: https://www.econbiz.de/10013253010
We quantify the distributional effects of trade shocks in the U.S. through consumer prices (expenditure channel) and wages (earnings channel). A quantitative trade model links these channels to compositional differences in expenditures and earnings across household groups. New data reveal that...
Persistent link: https://www.econbiz.de/10014033280
Persistent link: https://www.econbiz.de/10014416272
Persistent link: https://www.econbiz.de/10015210497
A recent econometric literature shows two distinct paths for identification with shift-share instruments, leveraging either many exogenous shifts or exogenous shares. We present the core logic of both paths and practical takeaways via simple checklists. A variety of empirical settings illustrate...
Persistent link: https://www.econbiz.de/10015171639
How much do consumption patterns matter for the impact of international trade on inequality? In neoclassical trade models, the effects of trade shocks on consumers' purchasing power are governed by the shares of imports in consumer expenditures, under no parametric assumptions on preferences and...
Persistent link: https://www.econbiz.de/10012585441
Persistent link: https://www.econbiz.de/10015357823
Many studies in economics use instruments or treatments which combine a set of exogenous shocks with other predetermined variables by a known formula. Examples include shift-share instruments and measures of social or spatial spillovers. We review recent econometric tools for this setting, which...
Persistent link: https://www.econbiz.de/10014322780