Where Does It End? An Alternative Estimate of the Long-run Effect

• In Event: Causal Inference

Brief Overview

To simplify the calculation of long-run effects in dynamic linear regression models, we use simulation-based methods of calculating effects and the resulting uncertainty the asymptotic behavior of the simulated values of y to shocks in x.

Authors

• Soren Jordan, Texas A&M University

• Andrew Q Philips, University of Colorado