Nonlinearity in Dynamic Causal Effects: Making the Bad into the Good, and the Good into the Great?
Econometrics
2025-07-01 v2
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\'{a}r and 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.
Keywords
Cite
@article{arxiv.2504.01140,
title = {Nonlinearity in Dynamic Causal Effects: Making the Bad into the Good, and the Good into the Great?},
author = {Toru Kitagawa and Weining Wang and Mengshan Xu},
journal= {arXiv preprint arXiv:2504.01140},
year = {2025}
}