I am excited and honored to receive an "Impact Award" from our faculty for my research on economic #growth and the policy impact it created.
https://t.co/dkgmtb3xgo
#SUERFpolicybrief โWhen foreign banks bring cash: How financial FDI boosts investment" by Tim de Leeuw and @KM_Wacker (University of Groningen)
๐ https://t.co/InSWpOhAYz
๐๐ผ We have a new way to estimate interaction terms with panel data ๐๐ผ, which is better than the standard approach. #cite
Thread on the idea ๐ , more on implementation to follow (1/6).
https://t.co/CtOtqODxH5
academic conferences are crazy because itโs like Letโs go to the most beautiful place in the world and then look at powerpoints for 12 straight hours
๐๐ผ We have a new way to estimate interaction terms with panel data ๐๐ผ, which is better than the standard approach. #cite
Thread on the idea ๐ , more on implementation to follow (1/6).
https://t.co/CtOtqODxH5
๐ BONUS:
-) Standard "robust" inference can be applied.
-) Efficiency loss appears small, even with small T.
-) Second step is OLS - much scope for visualizations and other tools.
(6/6)
๐ ๐, what about the interaction effects now?
1. If they are time-varying, just add this interaction on top of unit-specific x effects.
2. If they are not time-varying, project unit-specific coefficients on interaction variable in a second step OLS regression.
(5/6)
๐ขnow forthcoming in ECMA!
The Class Gap in Career Progression: Evidence from US Academia
Class is rarely a focus of research or DEI in elite US occupations.
Evidence suggests it should be: we find a large class gap in at least one occupation - tenure-track academia...๐งต