VCHDFE 1.13.1 - Stable Release

Features of this version:

• Improved for loop in JLA that was causing slow convergence in terms of the number of JLA simulations.
• Residualizing via Frisch-Waugh-Lovell (using FixedEffects.jl). The use of the AlgebraicMultigrid preconditioner is now deprecated. Thanks to Edoardo Acabbi for pointing out some non-convergence issues of that preconditioner in some applications.
• The verbose mode now prints information about the leave-out-connected set.
• Post-estimation inference has been improved. In particular, we can regress firm fixed effects on observables and it will now check for multicollinearity before performing the regression and correcting the t-statistics.

VCHDFE 1.12 - Stable Release

Features of this version:

• Improved for loop in JLA that was causing slow convergence in terms of the number of JLA simulations.
• Information on the leave-out set under verbose mode.
• Residualizing via Frisch-Waugh-Lovell (using FixedEffects.jl). The use of the AlgebraicMultigrid preconditioner is now deprecated. Thanks to Edoardo Acabbi for pointing out some non-convergence issues of that preconditioner in some applications.
• The verbose mode now prints information about the leave-out-connected set.

VCHDFE 1.0 - Stable Release

This release optimizes the partialling-out process of the KSS procedure. The control variables are now residualized via Frisch-Waugh-Lovell (using FixedEffects.jl).

Stable Release - Julia 1.8.5 (v0.2.1.8)

Bugs fixed in this version:

• Typo when reporting the fraction of variance explained by the AKM fixed effects (see here).
• Executable option that stores a CSV with the results was saving the firm fixed effects with the opposite sign (see here).

We want to thank Maria Emilia Bullano for noticing and letting us know about the bugs in the previous executable version.

Notes for future pull requests:

• This new executable version uses Julia 1.8.5 and upgraded to version 2.x of PackageCompiler.
• Resolved package versions in the Manifest.toml such that github actions is able to bundle the app without problems.

Julia Version 1.7

This version uses Julia version 1.7.

v0.1.9.7

There was a problem with DataFrame!() function in the previous release.

afc Julia 1.6

v0.1.9.6

One more try

afc

v0.1.9.5

TimeZones.jl issue. turningoff lazy artifacts

acf (Julia 1.6)

Updating julia version to 1.6