Nonlinearity in Dynamic Causal Effects: Making the Bad into the Good, and the Good into the Great?
Toru Kitagawa,
Weining Wang and
Mengshan Xu
Papers from arXiv.org
Abstract:
This paper was prepared as a comment on "Dynamic Causal Effects in a Nonlinear World: the Good, the Bad, and the Ugly" by Michal Koles\'ar, Mikkel Plagborg-M{\o}ller. We make three comments, including a novel contribution to the literature, showing how a reasonable economic interpretation can potentially be restored for average-effect estimators with negative weights.
Date: 2025-04
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2504.01140
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