Artikel

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

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 natural restriction, which identifies dynamic treatment effects in the absence of never‐treated units. Second, event study designs with binned endpoints and distributed‐lag models are numerically identical. Third, classic dummy variable event study designs can be generalized to models that account for multiple treatments of different signs and varying intensities. We demonstrate the practical relevance of our methodological points in an application studying the effects of unemployment benefit duration on job search effort.

Sprache
Englisch

Erschienen in
Journal: Journal of Applied Econometrics ; ISSN: 1099-1255 ; Volume: 38 ; Year: 2023 ; Issue: 5 ; Pages: 695-713 ; Hoboken, NJ: Wiley

Klassifikation
Wirtschaft
Thema
applied microeconomics
credibility revolution
distributed‐lag
event study

Ereignis
Geistige Schöpfung
(wer)
Schmidheiny, Kurt
Siegloch, Sebastian
Ereignis
Veröffentlichung
(wer)
Wiley
(wo)
Hoboken, NJ
(wann)
2023

DOI
doi:10.1002/jae.2971
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Schmidheiny, Kurt
  • Siegloch, Sebastian
  • Wiley

Entstanden

  • 2023

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