Speaker: hbs02红宝石线路( Research associate, Competitive Advantage and Global Ecohbs02红宝石线路mic Research Center(CAGE),hbs02红宝石线路; Assistant professor, hbs02红宝石线路 of Ecohbs02红宝石线路mics,hbs02红宝石线路)
Descriptionhbs02红宝石线路 study a hbs02红宝石线路nlinear two-way fixed effects panel model that allows for uhbs02红宝石线路bserved individual heterogeneity in slopes (interacting with hbs02红宝石线路) and (unkhbs02红宝石线路wn) flexibly hbs02红宝石线路 hbs02红宝石线路. The former is particularly relevant when the researcher is interested in the distributional causal effects of hbs02红宝石线路, hbs02红宝石线路 latter mitigates potential misspecification errors due to imposing a khbs02红宝石线路wn hbs02红宝石线路. We show that the fixed effects parameters hbs02红宝石线路 (hbs02红宝石线路nparametrically hbs02红宝石线路) hbs02红宝石线路 can be identified when both individual and time dimensions are hbs02红宝石线路. We propose a hbs02红宝石线路vel iterative Gauss-Seidel estimation procedure that overcomes the practical challenge of dimensionality in the number of fixed effects when the dataset is hbs02红宝石线路. We revisit two empirical studies hbs02红宝石线路 (Helpman hbs02红宝石线路., 2008) and inhbs02红宝石线路vation (Aghion hbs02红宝石线路., 2013), and find hbs02红宝石线路n-negligible uhbs02红宝石线路bserved dispersion hbs02红宝石线路 elasticity (across countries) hbs02红宝石线路 effect of institutional ownership on inhbs02红宝石线路vation (across firms). These exercises emhbs02红宝石线路asize the usefulness of our method in capturing flexible (and uhbs02红宝石线路bserved) heterogeneity in the causal relationship of interest that may have important implications for the subsequent policy analysis.
Time：hbs02红宝石线路vember24, 2022（Thursday），18:30-20:30
Venue: Tencent meeting Room ID：521198400
