457 citations · 545 across the 9 of their papers we have counts for
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Instrumental Variable Identification of Dynamic Variance Decompositions
Mikkel Plagborg-Møller, Christian K. Wolf
Macroeconomists increasingly use external sources of exogenous variation for causal inference. However, unless such external instruments (proxies) capture the underlying shock with…
Local Projection Inference is Simpler and More Robust Than You Think
José Luis Montiel Olea, Mikkel Plagborg-Møller
Applied macroeconomists often compute confidence intervals for impulse responses using local projections, i.e., direct linear regressions of future outcomes on current covariates.…
Robust Empirical Bayes Confidence Intervals
Timothy B. Armstrong, Michal Kolesár, Mikkel Plagborg-Møller
We construct robust empirical Bayes confidence intervals (EBCIs) in a normal means problem. The intervals are centered at the usual linear empirical Bayes estimator, but use a crit…