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xtevent: Estimation and Visualization in the Linear Panel Event-Study Design

Author

Listed:
  • Constantino Carreto
  • Simon Freyaldenhoven
  • Christian Hansen
  • Jorge Perez Perez
  • Jesse Shapiro

Abstract

Linear panel models and the “event-study plots” that often accompany them are popular tools for learning about policy effects. We introduce the Stata package xtevent, which enables the construction of event-study plots following the suggestions in Freyaldenhoven et al. (Forthcoming). The package implements various procedures to estimate the underlying policy effects and allows for nonbinary policy variables and estimation adjusting for pre-event trends.

Suggested Citation

  • Constantino Carreto & Simon Freyaldenhoven & Christian Hansen & Jorge Perez Perez & Jesse Shapiro, 2024. "xtevent: Estimation and Visualization in the Linear Panel Event-Study Design," Working Papers 24-15, Federal Reserve Bank of Philadelphia.
    • Handle: RePEc:fip:fedpwp:98677
    DOI: 10.21799/frbp.wp.2024.15
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    References listed on IDEAS

    as
    1. Simon Freyaldenhoven & Christian Hansen & Jesse M. Shapiro, 2019. "Pre-event Trends in the Panel Event-Study Design," American Economic Review, American Economic Association, vol. 109(9), pages 3307-3338, September.
    2. Damian Clarke & Kathya Tapia-Schythe, 2021. "Implementing the panel event study," Stata Journal, StataCorp LP, vol. 21(4), pages 853-884, December.
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    7. Clément de Chaisemartin & Xavier d'Haultfoeuille & Yannick Guyonvarch, 2019. "DID_MULTIPLEGT: Stata module to estimate sharp Difference-in-Difference designs with multiple groups and periods," SciencePo Working papers Main hal-03946768, HAL.
    8. Damian Clarke & Kathya Tapia-Schythe, 2021. "Implementing the panel event study," Stata Journal, StataCorp LP, vol. 21(4), pages 853-884, December.
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    More about this item

    Keywords

    xtevent; xteventplot; xteventtest; get unit time effects; linear panel data models; two-way fixed effects regression; pre-trends; event study;
    All these keywords.

    JEL classification:

    • C87 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Econometric Software

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