In a previous blog, I showed how to draw local projection’s impulse response function with Driscoll-Kraay inference in Stata. This is the picture what you get: But, Alfonso…
In a future work in preparation, we will explore how geopolitical relationship shocks, such as changes in US-China, China-Japan, or China-India relations, affect provincial GDP growth in China.…
Local projections (LPs) have become a workhorse tool in applied macroeconomics since Jordà (2005). They are flexible, robust to misspecification, and easy to interpret. In panel settings, however,…
Nothing left to load.