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When Should Pre-trends Be Parallel?

By Dalia Ghanem, Pedro H. C. Sant’Anna, and Kaspar Wüthrich

AEA Papers and Proceedings, May 2026

We analyze pre-trends tests through the lens of how units select into treatment. We derive necessary and sufficient conditions for pre-trends and trends to be parallel with and without covariates. These conditions show that even in the absence of structur...

Event Studies with Feedback

By Irene Botosaru and Laura Liu

AEA Papers and Proceedings, May 2026

Event studies often conflate direct treatment effects with indirect effects operating through endogenous covariate adjustment. We develop a dynamic panel event study framework that separates these effects. The framework allows for persistent outcomes and ...

Measuring the Growth of Skills

By James Heckman, Haihan Tian, Zijian Zhang, and Jin Zhou

AEA Papers and Proceedings, May 2026

This paper discusses a fundamental problem in measuring the growth of knowledge and comparing the skills of people. New skills emerge that are not just more of the previously acquired skills. Psychometric convention forces these skills into arbitrarily co...

How Universal Preschool Shapes Boys’ and Girls’ Outcomes in Poor and Better-Off Households: Evidence from Mexico

By Jere R. Behrman, Susan W. Parker, Petra E. Todd, and Weilong Zhang

AEA Papers and Proceedings, May 2026

This research evaluates Mexico’s 2002 universal preschool mandate using a local difference-in-differences design to isolate policy impacts from school-entry-age effects. Although the mandate significantly boosted cognitive test scores, particularly for ...

The Power of Anecdotes

By Arjada Bardhi and Nina Bobkova

AEA Papers and Proceedings, May 2026

Anecdotes pervade public discourse. In a sender-receiver framework, we formalize why anecdotes persuade even when an aggregate statistic—rather than individual cases—is what matters. A single anecdote reveals information about similar cases, shifting ...

Digital Incentives in Surveys: Response Rates and Sociodemographic Effects in a Large-Scale Parental Nudge Intervention

By Kalena E. Cortes, Brian Holzman, Melissa Gentry, and Miranda Lambert

AEA Papers and Proceedings, May 2026

This study examines how digital incentives influence survey participation and engagement in a large randomized controlled trial of parents across six school districts. We test how incentive amount and information about vendor options affect response behav...

The Harder They Fall: Diverging Black-White Wealth in Older Age Using the Health and Retirement Study

By Teegawende H. Zeida, William A. Darity Jr., Samuel L. Myers Jr., and Illenin O. Kondo

AEA Papers and Proceedings, May 2026

Using the Health and Retirement Study (HRS), we document that wealthier Black households experience slower wealth accumulation compared to White households with similar, higher initial wealth. Racial wealth accumulation gaps widen racial disparities in we...

Improved Market Access and Indigenous Land Loss: Evidence from the Nineteenth-Century US Railroad Expansion

By Jeff Chan, Azim Essaji, and Rob Gillezeau

AEA Papers and Proceedings, May 2026

We study the effects of colonial market access on the loss of lands for Indigenous nations, using the rapid expansion of the US railroad network in the nineteenth century as a quasi-natural experiment. We find that increased market access to Indigenous ho...