Thomas Stockwell
Biographic Data
| ID | 9678681 |
|---|---|
| NAME | Thomas Stockwell |
| GIVEN NAMES | Thomas |
| FAMILY NAME | Stockwell |
| SIGNATURE | STOCKWELL T |
| AFFILIATIONS | Department of Economics, Sykes College of Business University of Tampa Tampa Florida USA |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2025 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 0 |
Differences From Differencing
We show there are large finite‐sample estimation improvements from estimating local projections (LP) in a cumulated differences (long‐differenced) specification vs. a specification in levels when the impulse response of interest is to an externally identified (“observed”) shock. The long‐differenced specification substantially reduces, and in many cases eliminates, estimation bias, as well as significantly improves confidence interval coverage. T…
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Differences From Differencing
We show there are large finite‐sample estimation improvements from estimating local projections (LP) in a cumulated differences (long‐differenced) specification vs. a specification in levels when the impulse response of interest is to an externally identified (“observed”) shock. The long‐differenced specification substantially reduces, and in many cases eliminates, estimation bias, as well as significantly improves confidence interval coverage. T…
Econometrics (1 work) · Economics (1 work) · Environmental Science (1 work) · Forecasting Techniques and Applications (1 work) · Market Dynamics and Volatility (1 work) · Mathematics (1 work) · Monetary Policy and Economic Impact (1 work) · Statistics (1 work)