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An optimal test for strategic interaction in social and economic network formation between heterogeneous agents

Consider a setting where N players, partitioned into K observable types, form a directed network. Agents’… Continue reading.

Andrin Pelican, Bryan S. Graham
May | CWP13/22
Policy choice in time series by empirical welfare maximization

This paper develops a novel method for policy choice in a dynamic setting where the available… Continue reading.

Toru Kitagawa, Weining Wang, Mengshan Xu
May | CWP12/22
Revisiting event study designs: robust and efficient estimation

We develop a framework for difference-in-differences designs with staggered treatment adoption and heterogeneous causal effects. We… Continue reading.

Kirill Borusyak, Xavier Jaravel, Jann Spiess
April | CWP11/22
Dynamic heterogeneous distribution regression panel models, with an application to labor income processes

We consider estimation of a dynamic distribution regression panel data model with heterogeneous coefficients across units…. Continue reading.

Ivan Fernandez-Val, Wayne Yuan Gao, Yuan Liao, Francis Vella
April | CWP10/22