Webinar: Handling Spillover Effects in Empirical Research

Series

Erasmus Finance Seminars
Speakers

Tobias Berg (Frankfurt School of Finance & Management, Germany)
Field

Finance, Finance

Location

Online Semniar
Online
Date and time

September 15, 2020
15:30 - 16:45

co-authored with Daniel Streitz (Copenhagen Business School)Despite their importance, the discussion of spillover effects in empirical research misses the rigor dedicated to endogeneity concerns. We show that i) even with random treatment, spillovers lead to an intricate bias in estimating treatment effects, ii) there is a trade-off between endogeneity and spillover concerns, iii) the practice of using individual level regressions to identify direct effects and aggregate level regressions to learn about spillover effects can lead to misleading conclusions. We develop a simple guidance for empirical researchers, apply it to two empirical settings, and highlight differences in the results compared to current empirical practice.

Link to the seminar:

Zoom Meeting:

https://eur-nl.zoom.us/j/99523366469?pwd=YmtaUkhuMWQzVDN0L2hVQmZqMzZWZz09

Meeting ID: 995 2336 6469

Passcode: 165650

Some information and suggestions:

Your microphone will be on mute upon joining the meeting, please leave it like that and unmute it only if you want to ask a question.
Asking questions: please just go ahead and ask questions in the “usual way” (i.e.,, don’t use the chat unless you want to notify me/host of any problem related to seminar).