I’d like to thank Laura Leach, Bob Hampel, Mark Smith, and Ana Marjanovic-Shane, and anonymous reviewers for providing their feedback on previous drafts and discussion ideas in this paper. I also want to thank Lynn Dierking and John Falk for inviting me to this project and discussing man...
After adding the enterprise-level and industry-level control variables in a 2-way fixed effect model, the estimated coefficient of Lr × Post15 is still positive at the significance level of 1%. This shows that the addition of control variables can more accurately estimate the impact of loose ...