"Not all booms are built on hard data—some ride on expectations. Tech news shocks (via patents) drive expansions long before TFP rises. Markets react first; macro follows."
New paper by @_SiLviA_mA, @sinemhacioglu and Bluwstein:
https://www.restud.com/patents-news-and-business-cycles/
#econtwitter
#REStud
"This paper presents new methods for estimating long run treatment effects from
short term experiments and observational data."
New paper from @Susan_Athey, Chetty, Imbens, and Kang:
https://www.restud.com/the-surrogate-index-combining-short-term-proxies-to-estimate-long-term-treatment-effects-more-rapidly-and-precisely/
#econtwitter
#REStud
@OppInsights