Policy Effect Estimation and Visualization in Linear Panel Event-Study Designs: Introducing the xtevent Package

Simon Freyaldenhoven, Christian B. Hansen, Jorge Pérez Pérez, Jesse Shapiro and Constantino Carreto

No 2024-09, Working Papers from Banco de México

Abstract: Linear panel models and the "event-study plots" that often accompany them are popular tools for learning about policy effects. In this paper, we introduce the "xtevent" package for Stata, which enables the construction of event-study plots following the suggestions in Freyaldenhoven et al. (forthcoming). The package implements various procedures to estimate the policy effects that underlie the plots, and allows for non-binary policy variables and estimation adjusting for pre-event trends.

Keywords: Xtevent; linear panel data models; two-way fixed effects regression; pre-trends; event study (search for similar items in EconPapers)
JEL-codes: C23 C53 C87 (search for similar items in EconPapers)
Date: 2024-08
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Citations: View citations in EconPapers (1)

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