Potential pilot problems: Treatment spillovers in financial regulatory experiments

In analyzing regulatory experiments, a fundamental assumption is that the control group is unaffected. However, in many settings, this assumption may not hold. Generally, the total effect of a regulatory change consists of direct and indirect effects, but the standard difference-in-difference approa...

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Main Authors: BOEHMER, Ekkehart, JONES, Charles, ZHANG, Xiaoyan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2020
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/6229
https://ink.library.smu.edu.sg/context/lkcsb_research/article/7228/viewcontent/Potential_pilot_problems_pv.pdf
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Institution: Singapore Management University
Language: English

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