We propose a new estimator for average causal effects of a binary treatment with panel data in settings with general treatment patterns. Our approach augments the popular two‐way‐fixed‐effects specification with unit‐specific weights that arise from a model for the assignment mechanism....

This paper evaluates the effectiveness of easing credit constraints for rural producers in Mexico through loans provided by a national public development finance institution. In contrast to most of the existing literature, the study focuses on the effect of medium-sized loans over a two- to...

This paper discusses the transportation challenges that urban areas in Latin America and the Caribbean face and reviews the causal evidence on the impact brought by different urban transport system interventions implemented around the world. The objective is to highlight the main lessons learned...

Over the past decades, Latin America and the Caribbean have experienced a significant increase in natural disasters, posing significant threats to infrastructure and economic activity, particularly in regions with poor infrastructure. Understanding the patterns in recovery time after disasters...

Driving restrictions are popular interventions in rapidly urbanizing developing countries. Their relatively inexpensive implementation appeals to the pressing need to reduce traffic congestion and pollution. Their effectiveness however, remains contested. Using high frequency data from the...