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Event

Christian Wolf (MIT), “Identification of Dynamic Treatment Effects from Rule Changes”

Wednesday, April 29, 2026 10:30to12:00
Leacock Building Room 429, 855 rue Sherbrooke Ouest, Montreal, QC, H3A 2T7, CA

“Identification of Dynamic Treatment Effects from Rule Changes"

(MIT)
Wednesday, April 29, 2026
10:30 AM–12:00 PM
Leacock 429

ٰ:The paper examines interacted local projections used to study how shock propagation varies across policy regimes, and characterizes when the estimand can be interpreted as a weighted average of policy shocks. In monetary applications, this “as-if” policy shock can differ from standard measures, often resembling gradual, forward-guidance-type movements in policy rates.

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