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EAG London 2019: Estimating long-term effects without long-term data (David Rhys Bernard)

Published: Jan. 20, 2020, 10:59 a.m.

It’s important to estimate the long-term impacts of our actions, but we often can’t observe long-term outcomes within a decision-relevant time frame. David Rhys Bernard, a PhD candidate at the Paris School of Economics, recently tested an alternative approach — measuring the short-term impacts of different interventions on a variety of “surrogate” outcomes, then using …

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