no code implementations • 1 Feb 2023 • Harold D Chiang, Yukitoshi Matsushita, Taisuke Otsu
By employing Neyman's (1923) finite population perspective, we propose a bias-corrected regression adjustment estimator using cross-fitting, and show that the proposed estimator has favorable properties over existing alternatives.
no code implementations • 31 Jan 2023 • Harold D Chiang, Yuya Sasaki
We, therefore, hope that this paper will provide a theoretical justification for the legitimacy of most, if not all, of the thousands of those empirical papers that have used the TWCR standard errors.
no code implementations • 27 Jan 2022 • Harold D Chiang, Bruce E Hansen, Yuya Sasaki
We propose improved standard errors and an asymptotic distribution theory for two-way clustered panels.
no code implementations • 8 Oct 2021 • Harold D Chiang, Yukun Ma, Joel Rodrigue, Yuya Sasaki
Together with the use of Neyman orthogonal scores, this novel cross fitting method enables root-$n$ consistent estimation and inference robustly against dyadic dependence.