Event Study Design in Education Research
An event study design tracks how educational outcomes evolve before and after a clearly defined event — such as a school finance reform, accountability policy, or curriculum change — for affected and unaffected units. By estimating period-by-period treatment effects relative to a baseline period, it delivers both a causal estimate of the policy's impact and a transparent test of the parallel-trends assumption underpinning difference-in-differences.
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- Jacobson, L. S., LaLonde, R. J., & Sullivan, D. G. (1993). Earnings Losses of Displaced Workers. American Economic Review, 83(4), 685-709. · URL
- Lafortune, J., Rothstein, J., & Schanzenbach, D. W. (2018). School Finance Reform and the Distribution of Student Achievement. American Economic Journal: Applied Economics, 10(2), 1-26. · DOI 10.1257/app.20160567
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