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Broken or Fixed Effects?

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NBER2014-07-01 更新2025-01-04 收录
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We replicate eight influential papers to provide empirical evidence that, in the presence of heterogeneous treatment effects, OLS with fixed effects (FE) is generally not a consistent estimator of the average treatment effect (ATE). We propose two alternative estimators that recover the ATE in the

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2014-07-01
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