Basel III Natural Experiment
DID: beta_3 = -0.003, p = 0.946. Cannot reject zero welfare effect. Supports damping cancellation.
Impact Score
Score Reasoning
- Importance
- Key empirical test of damping cancellation theorem. Basel III DID p=0.946 is strong evidence for the core prediction.
- Novelty
- Novel empirical test design (DID on Basel III) but the underlying theory (damping cancellation) is the novel part, not the test itself.
- Quality
- Clear presentation of DID methodology, results, and interpretation. Well-structured empirical article.