Regression Discontinuity in Time: Considerations for Empirical Applications

Hausman, Catherine; Rapson, David

doi:10.3386/w23602

Cited by 124 publications

(171 citation statements)

References 13 publications

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“…However, and contrary to event studies where a linear model is the most frequent specification, we use a flexible approach that incorporates unobserved time series 3 We should note that a reviewer suggested a regression discontinuity approach using time as assignment variable. Besides specific methodological problems, such as the non-randomized nature of the assignment variable and the specification of the time series model (Lee and Lemieux, 2010;Hausman and Rapson, 2018), this approach would produce an estimate of the average effect preventing any inference on the distribution of the impact.…”

Section: Measuring Informational Spilloversmentioning

confidence: 99%

Music festivals as mediators and their influence on consumer awareness

Montoro–Pons

García

2020

Poetics

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Cultural products compete for public awareness in markets with high uncertainty, oversupply and a short product life cycle. Altogether, this means that only a small fraction of all releases generate the necessary consumer awareness to achieve a significant commercial success. This paper aims at identifying the informational function music festivals serve in cultural markets and how it translates into consumer discovery of cultural supply. To do so, we empirically measure informational spillover effects to performers at an established music festival. We hypothesize that this effect stems from the reputation attached to the brand equity of cultural organizations, is asymmetric, as it decreases with the success of the performer such that lesser-known performers profit more than well-known ones. Empirical results are consistent with our hypotheses.

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Section: Measuring Informational Spilloversmentioning

confidence: 99%

Music festivals as mediators and their influence on consumer awareness

Montoro–Pons

García

2020

Poetics

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“…As suggested in Hausman and Rapson [2018], we account for seasonality in the outcomes of interests. In other word, the variable y bt corresponds to the residuals that come from regressing the outcome on month dummies and quadratic functions of temperature and precipitation as well as beat fixed-effects.…”

Section: Sample Selectionmentioning

confidence: 99%

The Effect of Police Oversight on Crime and Allegations of Misconduct: Evidence from Chicago

Rivera

2019

SSRN Journal

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Does policing the police increase crime? We avoid simultaneity effects of increased public oversight during a major scandal by identifying events in Chicago that only impacted officers' self-imposed monitoring. We estimate crime's response to self-and public-monitoring using regression discontinuity and generalized synthetic control methods. Self-monitoring, triggered by police union memos, significantly reduced serious complaints without impacting crime or effort. However, after a scandal, both civilian complaints and crime rates rise, suggesting that higher crime rates following heightened oversight results from de-policing and civilian behavior simultaneously changing. Our research suggests that proactive internal accountability improves policecommunity relations without increasing crime.Many thanks to Robert LaLonde for his guidance and support. Special thanks go to

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“…This estimated difference is interpreted as the a point in time. See, for example, Fetter (2013) and Hausman and Rapson (2017) who discuss RD using a time running variable more generally. 10 See Imberman and Lovenheim (2015) for a related design that uses a difference-in-differences (DD) approach to estimate the effect of a sudden news release of school ratings on home prices.…”

Section: Baseline Rd Approachmentioning

confidence: 99%

“…We conduct a number of robustness checks that are conventional for studies that employ an RD design (Cattaneo, Titiunik, & Vazquez-Bare, 2017;Hausman & Rapson, 2017), which we report in Appendix Figure A8 and Appendix Table A9. Our results are robust to placebo discontinuities, alternative trend modeling, and varying bandwidths.…”

Section: Alternative Rd Specificationsmentioning

confidence: 99%

Who Benefits from Targeted Property Tax Relief? Evidence from Virginia Elections

Moulton¹,

Waller²,

Wentland³

2018

J Policy Anal Manage

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This study examines the market impact of targeted property tax relief, which is critical for understanding who exactly benefits from a widely used local policy. Specifically, we investigate this in the context of two statewide ballot measures in Virginia that provided property tax relief or heightened expectations for future relief intended to aid disabled veterans and seniors, respectively. Using residential multiple listing service microdata from Virginia, results from a regression discontinuity analysis show that once the 2010 tax relief measures passed on Election Day, property values rose sharply in response to the sudden increase in demand for homeownership among the targeted groups. We find that senior preferred housing and properties within areas with higher proportions of seniors and veterans experienced the highest price appreciation, while areas with fewer veterans or seniors saw little impact. The findings suggest that this type of policy provides an immediate benefit to current homeowners, thereby offsetting benefits for subsequent homeowners within the targeted groups. This effect represents an unintended consequence of targeted property tax relief as a policy tool more generally, as immediate capitalization into home prices subsequently increases the cost of housing for many individuals the relief was intended to help.

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Regression Discontinuity in Time: Considerations for Empirical Applications

Cited by 124 publications

References 13 publications

Music festivals as mediators and their influence on consumer awareness

Music festivals as mediators and their influence on consumer awareness

The Effect of Police Oversight on Crime and Allegations of Misconduct: Evidence from Chicago

Who Benefits from Targeted Property Tax Relief? Evidence from Virginia Elections

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