Fixed Effects

Tornadoes Have Side Effects: A Response to Victor Chernozhukov

Recently I had a spirited conversation with Victor Chernozhukov, a leading econometrician whose work spans both traditional subjects like panel data modeling and newer application of machine learning models to causal inference.

What Panel Data Is Really All About

We’ve all been in that seminar where the author puts up a slide containing regression coefficients, and buried in the bottom line of the table we can see little Ys and Ns indicating the kind of panel data model employed.