On event study designs and distributed-lag models: Equivalence, generalization and practical implications

We discuss important features and pitfalls of panel-data event study designs. We derive the following main results: First, event study designs and distributed-lag models are numerically identical leading to the same parameter estimates after correct reparametrization. Second, binning of effect windo...

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Bibliographic details
Main Author: Schmidheiny, Kurt
Siegloch, Sebastian
Format: Paper
Language: English
Place of publication: München Munich Society for the Promotion of Economic Research 2019
Data of publication: 2019
ISSN: 2364-1428
1617-9595
Bibliography: https://www.cesifo.org/en/publikationen/2019/working-paper/event-study-designs-and-distributed-lag-models-equivalence
Schmidheiny, Kurt ; Siegloch, Sebastian (2019) On event study designs and distributed-lag models: Equivalence, generalization and practical implications. <https://madoc.bib.uni-mannheim.de/54428> CESifo Working Papers München 7481 [Arbeitspapier] <https://primo.bib.uni-mannheim.de/primo-explore/openurl?vid=MAN_UB&institution=MAN&url_ctx_val=&url_ctx_fmt=null&isSerivcesPage=true&sid=madocurl_ver=Z39.88-2004&rft_id=54428&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=On+event+study+designs+and+distributed-lag+models%3A+Equivalence%2C+generalization+and+practical+implications&rft.auinit=K&rft.aulast=Schmidheiny&rft.auinit=S&rft.aulast=Siegloch&rft.subject=330+Wirtschaft&rft.division=70060&rft.division=51360&rft.publisher=Munich+Society+for+the+Promotion+of+Economic+Research&rft.date=2019&rft.publication=CESifo+Working+Papers&rft.volume=7481&rft.place_of_pub=M%C3%BCnchen&rft.type=Arbeitspapier&rft.relation=https%3A%2F%2Fmadoc.bib.uni-mannheim.de%2F54428%2F&rft.eprint_status=archive&rft.issn=1617-9595>
https://madoc.bib.uni-mannheim.de/54428/
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