Leads to on the internet supplementary figures S1 and you may S2 let you know the brand new coefficients before and after the fresh plan
This first empirical specification will then be lengthened so you can an event-study model, where i take a complete character of program, by the studying the ramifications of the fresh new MDP towards the the outcomes of attention, prior to the beginning of the newest plan ( ‘s the basic week of your own MDP), below:
where was an indicator delivering worth 1 if it’s season k according to the initial seasons of your MDP and the municipality gotten brand new programme ( ). I result in the normalisation , to ensure that every coefficients show variations in outcomes in accordance with this new first year of your own MDP (2013). Read more