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Extreme Changes in Changes

Yuya Sasaki, Yulong Wang

arXiv 27 Nov 2022 · Econometrics · publishedJournal of Business and Economic Statistics (2023) · 4 citations (OpenAlex)

arXiv:2211.14870 · PDF · DOI · OpenAlex · Extracted main text

Abstract

Policy analysts are often interested in treating the units with extreme outcomes, such as infants with extremely low birth weights. Existing changes-in-changes (CIC) estimators are tailored to middle quantiles and do not work well for such subpopulations. This paper proposes a new CIC estimator to accurately estimate treatment effects at extreme quantiles. With its asymptotic normality, we also propose a method of statistical inference, which is simple to implement. Based on simulation studies, we propose to use our extreme CIC estimator for extreme, such as below 5% and above 95%, quantiles, while the conventional CIC estimator should be used for intermediate quantiles. Applying the proposed method, we study the effects of income gains from the 1993 EITC reform on infant birth weights for those in the most critical conditions. This paper is accompanied by a Stata command.

Citation extraction

26
references
72
in-text mentions
26
distinct cited
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main-text words

appendix boundary found by appendix_command · 84% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Athey, S. and G. W. Imbens (2006) Identification and inference in nonlinear difference-in-differences models1.000227100%
2Hoynes, H., D. Miller, and D. Simon (2015) Income, the earned income tax credit, and infant health0.874112100%
3de Haan, L. and A. Ferreira (2007) Extreme Value Theory: An Introduction0.8749467%
4Currie, J (2011) Inequality at birth: some causes and consequences0.73732100%
5Girard, S., G. Stupfler, and A. Usseglio-Carleve (2021) Extreme conditional expectile estimation in heavy-tailed heteroscedastic regression models0.6443267%
6Chernozhukov, V. and I. Fernández-Val (2011) Inference for extremal conditional quantile models, with an application to market and birthweight risks0.64422100%
7Guillou, A. and P. Hall (2001) A diagnostic for selecting the threshold in extreme value analysis0.64422100%
8Hill, B. M (1975) A simple general approach to inference about the tail of a distribution0.5112250%
9Carpentier, A. and A. K. H. Kim (2014) Adaptive and minimax optimal estimation of the tail coefficient0.40511100%
10Aizer, A., L. Stroud, and S. Buka (2009) Maternal stress and child well-being: Evidence from siblings, Unpublished Manuscript, Brown University, Providence, RI0.40511100%

Showing the top 10 of 26 scored citations.