I mean, this was fairly well known and you can see an intuitive understanding of what FE measures in a fair number of the papers using it. But the fix is cool.
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gonna run it on the FE paper i'm writing now and see what happens
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Update: was surprisingly super easy to apply the fix, which changed nothing hell yeah
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It's literally (1) Get within-group SD in treatment, (2) run FE using de-meaning with inverse SD as weights. Done.
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oh this is cool! and intuitive. one more reason to program all of my own estimators I guess
End of conversation
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