Skip to content

Commit

Permalink
add missing coefficient in README equation
Browse files Browse the repository at this point in the history
  • Loading branch information
mdavis-xyz committed Mar 17, 2024
1 parent ae85edf commit e1f490f
Showing 1 changed file with 1 addition and 1 deletion.
2 changes: 1 addition & 1 deletion README.md
Original file line number Diff line number Diff line change
Expand Up @@ -14,7 +14,7 @@
Panel event study models seek to estimtate the impact of some policy or event adopted in certain groups and time periods, by comparing evolution of outcomes in adoption groups to groups which do not adopt the event. Specifically, the panel event study is estimated as:

```math
y_{gt}= \alpha + \sum_{j=2}^J\beta_j(Lead_j)_{gt} + \sum_{k=0}^K (Lag_k)_{gt} + \mu_g + \lambda_t + X_{gt}^\prime+\varepsilon_{gt}
y_{gt}= \alpha + \sum_{j=2}^J\beta_j(Lead_j)_{gt} + \sum_{k=0}^K \gamma_k (Lag_k)_{gt} + \mu_g + \lambda_t + X_{gt}^\prime+\varepsilon_{gt}
```

where $y_{gt}$ refers to outcomes for group $g$ and time period $t$, $\mu_g$ and $\lambda_t$ refer to group and time-fixed effects respectively, and, optionally, $X_{gt}$ refers to time-varying controls. Lags and leads refer to indicators for periods pre- and post-event occurrence, and are defined as follows:
Expand Down

0 comments on commit e1f490f

Please sign in to comment.