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Two-way Fixed Effects Estimators with Heterogeneous Treatment Effects

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NBER2019-06-01 更新2025-01-04 收录
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Linear regressions with period and group fixed effects are widely used to estimate treatment effects. We show that they identify weighted sums of the average treatment effects (ATE) in each group and period, with weights that may be negative. Due to the negative weights, the linear regression

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2019-06-01
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