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	Valutazione Dinamica Controfattuale dell'Impatto	Panel Event Study
Campo	Inferenza causale	Inferenza causale
Famiglia	Regression model	Regression model
Anno di origine	1986–2009	1990s–2020s (modern panel formulation)
Ideatore	Robins (1986); Lechner (2009) for sequential treatment settings	Formalized by Freyaldenhoven, Hansen, Perez-Orive & Shapiro (2021); widely applied in finance (Fama et al. 1969) and policy evaluation
Tipo	Causal inference / program evaluation	Quasi-experimental / causal panel design
Fonte seminale	Robins, J. M. (1986). A new approach to causal inference in mortality studies with a sustained exposure period — application to control of the healthy worker survivor effect. Mathematical Modelling, 7(9-12), 1393-1512.	Freyaldenhoven, S., Hansen, C., Perez-Orive, J., & Shapiro, J. M. (2021). Visualization, Identification, and Estimation in the Linear Panel Event-Study Design. NBER Working Paper 29170. National Bureau of Economic Research.
Alias	dynamic CIE, dynamic treatment evaluation, time-varying counterfactual analysis, longitudinal counterfactual evaluation	event-study regression, dynamic DiD, relative-time regression, distributed-lag panel model
Correlati	6	4
Sintesi	Dynamic Counterfactual Impact Evaluation (dynamic CIE) extends standard counterfactual program evaluation to settings where treatment is assigned sequentially across multiple periods. Rather than comparing a single treated versus untreated state, it estimates the causal effect of entire treatment trajectories or regimes, accounting for how intermediate outcomes and time-varying covariates feed back into subsequent treatment decisions.	A panel event study estimates the dynamic causal effect of a treatment or policy by regressing an outcome on a full set of relative-time indicators — one for each period before and after the event — while controlling for unit and time fixed effects. The resulting coefficient plot shows how the treated units diverged from untreated units at each point in calendar time relative to their treatment date, making both pre-treatment trend violations and post-treatment effect trajectories immediately visible.