no code implementations • 5 Jun 2023 • Atsushi Inoue, Òscar Jordà, Guido M. Kuersteiner
An impulse response function describes the dynamic evolution of an outcome variable following a stimulus or treatment.
1 code implementation • 10 May 2021 • Guido M. Kuersteiner, Ingmar R. Prucha, Ying Zeng
We show that these moment conditions can be cast in terms of a linear random group effects model and lead to a class of GMM estimators that are generally identified as long as there is sufficient variation in group size.
