A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accounting

Detalhes bibliográficos
Autor(a) principal: Schiozer,Rafael Felipe
Data de Publicação: 2021
Outros Autores: Mourad,Frederico Abou, Martins,Theo Cotrim
Tipo de documento: Artigo
Idioma: eng
Título da fonte: RAC. Revista de Administração Contemporânea (Online)
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-65552021000100501
Resumo: ABSTRACT Context: natural experiments or quasi-experiments have become quite popular in management research. The differences-in-differences (DiD) estimator is possibly the workhorse of these techniques. Objective: the goal of this paper is to provide a tutorial that serves as practical guide for researchers considering using natural experiments to make causal inferences. Methods: we discuss the DiD advantages, concerns, and tests of validity. We also provide an application of the technique, in which we discuss the effect of government guarantees on banks’ degree of risk, using the 2008 financial crisis as a natural experiment. The database used, as well as the Stata and the R scripts containing the analyses, are available as online appendices. Conclusion: DiD may be used to tackle endogeneity concerns when treatment assignment is random.
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spelling A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accountingdifferences-in-differencesnatural experimentsendogeneitycausal inferenceABSTRACT Context: natural experiments or quasi-experiments have become quite popular in management research. The differences-in-differences (DiD) estimator is possibly the workhorse of these techniques. Objective: the goal of this paper is to provide a tutorial that serves as practical guide for researchers considering using natural experiments to make causal inferences. Methods: we discuss the DiD advantages, concerns, and tests of validity. We also provide an application of the technique, in which we discuss the effect of government guarantees on banks’ degree of risk, using the 2008 financial crisis as a natural experiment. The database used, as well as the Stata and the R scripts containing the analyses, are available as online appendices. Conclusion: DiD may be used to tackle endogeneity concerns when treatment assignment is random.Associação Nacional de Pós-Graduação e Pesquisa em Administração2021-01-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-65552021000100501Revista de Administração Contemporânea v.25 n.1 2021reponame:RAC. Revista de Administração Contemporânea (Online)instname:Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)instacron:ANPAD10.1590/1982-7849rac2021200067info:eu-repo/semantics/openAccessSchiozer,Rafael FelipeMourad,Frederico AbouMartins,Theo Cotrimeng2020-10-16T00:00:00Zoai:scielo:S1415-65552021000100501Revistahttps://rac.anpad.org.br/index.php/racONGhttps://rac.anpad.org.br/index.php/rac/oairac@anpad.org.br1982-78491415-6555opendoar:2020-10-16T00:00RAC. Revista de Administração Contemporânea (Online) - Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)false
dc.title.none.fl_str_mv A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accounting
title A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accounting
spellingShingle A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accounting
Schiozer,Rafael Felipe
differences-in-differences
natural experiments
endogeneity
causal inference
title_short A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accounting
title_full A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accounting
title_fullStr A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accounting
title_full_unstemmed A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accounting
title_sort A Tutorial on the Use of Differences-in-Differences in Management, Finance, and Accounting
author Schiozer,Rafael Felipe
author_facet Schiozer,Rafael Felipe
Mourad,Frederico Abou
Martins,Theo Cotrim
author_role author
author2 Mourad,Frederico Abou
Martins,Theo Cotrim
author2_role author
author
dc.contributor.author.fl_str_mv Schiozer,Rafael Felipe
Mourad,Frederico Abou
Martins,Theo Cotrim
dc.subject.por.fl_str_mv differences-in-differences
natural experiments
endogeneity
causal inference
topic differences-in-differences
natural experiments
endogeneity
causal inference
description ABSTRACT Context: natural experiments or quasi-experiments have become quite popular in management research. The differences-in-differences (DiD) estimator is possibly the workhorse of these techniques. Objective: the goal of this paper is to provide a tutorial that serves as practical guide for researchers considering using natural experiments to make causal inferences. Methods: we discuss the DiD advantages, concerns, and tests of validity. We also provide an application of the technique, in which we discuss the effect of government guarantees on banks’ degree of risk, using the 2008 financial crisis as a natural experiment. The database used, as well as the Stata and the R scripts containing the analyses, are available as online appendices. Conclusion: DiD may be used to tackle endogeneity concerns when treatment assignment is random.
publishDate 2021
dc.date.none.fl_str_mv 2021-01-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-65552021000100501
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-65552021000100501
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/1982-7849rac2021200067
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Associação Nacional de Pós-Graduação e Pesquisa em Administração
publisher.none.fl_str_mv Associação Nacional de Pós-Graduação e Pesquisa em Administração
dc.source.none.fl_str_mv Revista de Administração Contemporânea v.25 n.1 2021
reponame:RAC. Revista de Administração Contemporânea (Online)
instname:Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)
instacron:ANPAD
instname_str Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)
instacron_str ANPAD
institution ANPAD
reponame_str RAC. Revista de Administração Contemporânea (Online)
collection RAC. Revista de Administração Contemporânea (Online)
repository.name.fl_str_mv RAC. Revista de Administração Contemporânea (Online) - Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)
repository.mail.fl_str_mv rac@anpad.org.br
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