4 papers
Model Selection in Panel Data Models: A Generalization of the Vuong Test
Jinyong Hahn, Zhipeng Liao, Konrad Menzel +1
This paper generalizes the classical Vuong (1989) test to panel data models by employing modified profile likelihoods and the Kullback-Leibler information criterion. Unlike the sta…
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.…
Transfer Estimates for Causal Effects across Heterogeneous Sites
Konrad Menzel
We consider the problem of extrapolating treatment effects across heterogeneous populations (``sites"/``contexts"). We consider an idealized scenario in which the researcher observ…
Fixed-Population Causal Inference for Models of Equilibrium
Konrad Menzel
In contrast to problems of interference in (exogenous) treatments, models of interference in unit-specific (endogenous) outcomes do not usually produce a reduced-form representatio…