10 citations · 10 across the 3 of their papers we have counts for
4 papers
Causal State-Dependent Local Projections
Joel M. David, Raffaella Giacomini, Xiyu Jiao +1
State-dependent local projections (LPs) are widely used to study how causal effects vary as a function of economic states, but shock exogeneity alone does not identify this respons…
Forecasted Treatment Effects
Irene Botosaru, Raffaella Giacomini, Martin Weidner
We consider estimation and inference of the effects of a policy in the absence of an untreated or control group. We obtain unbiased estimators of individual (heterogeneous) treatme…
Individual Shrinkage for Random Effects
Raffaella Giacomini, Sokbae Lee, Silvia Sarpietro
This paper develops an approach to random effects estimation and individual-level forecasting in micropanels that targets individual accuracy rather than aggregate performance. The…
Identification and Inference Under Narrative Restrictions
Raffaella Giacomini, Toru Kitagawa, Matthew Read
We consider structural vector autoregressions subject to 'narrative restrictions', which are inequality restrictions on functions of the structural shocks in specific periods. Thes…