ATLASResearch
methods
Quantitative/ Research design

Difference-in-differences

Estimate effects from comparative changes over time

Difference-in-differences compares outcome changes in treated and comparison groups to estimate a treatment effect under a parallel-trends assumption. With staggered treatment timing, conventional two-way fixed-effects averages can mix inappropriate comparisons when effects differ across cohorts or time. Modern group-time approaches make treatment timing, comparison groups and effect aggregation explicit.

WHEN IT FITS

Choose this for policy or organisational changes with credible untreated comparisons and observations before and after treatment. A defensible argument for untreated parallel trends matters more than adding many control variables.

Strengths

  • Removes stable group differences and common time shocks
  • Can examine event-time patterns and treatment heterogeneity

Limitations

  • Parallel untreated trends cannot be proven from observed post-treatment data
  • Anticipation, spillovers and changing composition threaten identification

Know the boundary

A non-significant pre-trend test does not establish parallel trends. Two-way fixed effects is not automatically a valid staggered DiD estimator.

USED ACROSS
Banking & financeBusiness & MBA