Nonlinearity in Dynamic Causal Effects: Making the Bad into the Good, and the Good into the Great?

Toru Kitagawa, Weining Wang, Mengshan Xu

This paper was prepared as a comment on "Dynamic Causal Effects in a Nonlinear World: the Good, the Bad, and the Ugly" by Michal Kolesár and Mikkel Plagborg-Møller. We make three…