xtevent: Estimation and Visualization in the Linear Panel Event-Study Design

RePEc Short ID: ppe453
ORCID iD: 0000-0002-1182-7869

Carreto, Constantino; Freyaldenhoven, Simon; Hansen, Christian; Perez Perez, Jorge; Shapiro, Jesse

doi:10.21799/frbp.wp.2024.15

Working Paper

xtevent: Estimation and Visualization in the Linear Panel Event-Study Design

Abstract: Linear panel models and the “event-study plots” that often accompany them are popular tools for learning about policy effects. We introduce the Stata package xtevent, which enables the construction of event-study plots following the suggestions in Freyaldenhoven et al. (Forthcoming). The package implements various procedures to estimate the underlying policy effects and allows for nonbinary policy variables and estimation adjusting for pre-event trends.

Keywords: xtevent; xteventplot; xteventtest; get unit time effects; linear panel data models; two-way fixed effects regression; pre-trends; event study;

JEL Classification: C87;

https://doi.org/10.21799/frbp.wp.2024.15