{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,10,12]],"date-time":"2026-10-12T15:18:39Z","timestamp":1791818319448,"version":"4.3.4"},"reference-count":45,"publisher":"Oxford University Press (OUP)","issue":"3","license":[{"start":{"date-parts":[[2024,4,17]],"date-time":"2024-04-17T00:00:00Z","timestamp":1713312000000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/academic.oup.com\/journals\/pages\/open_access\/funder_policies\/chorus\/standard_publication_model"}],"funder":[{"DOI":"10.13039\/501100003246","name":"NWO","doi-asserted-by":"publisher","award":["452-17-010"],"award-info":[{"award-number":["452-17-010"]}],"id":[{"id":"10.13039\/501100003246","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"published-print":{"date-parts":[[2024,10,17]]},"abstract":"<jats:title>Summary<\/jats:title>\n                  <jats:p>In this paper, we estimate impulse responses by local projections in high-dimensional settings. We use the desparsified (de-biased) lasso to estimate the high-dimensional local projections, while leaving the impulse response parameter of interest unpenalized. We establish the uniform asymptotic normality of the proposed estimator under general conditions. Finally, we demonstrate small sample performance through a simulation study and consider two canonical applications in macroeconomic research on monetary policy and government spending.<\/jats:p>","DOI":"10.1093\/ectj\/utae012","type":"journal-article","created":{"date-parts":[[2024,4,16]],"date-time":"2024-04-16T20:44:36Z","timestamp":1713300276000},"page":"323-342","source":"Crossref","is-referenced-by-count":7,"title":["Local projection inference in high dimensions"],"prefix":"10.1093","volume":"27","author":[{"given":"Robert","family":"Adamek","sequence":"first","affiliation":[{"name":"Department of Economics and Business Economics, Aarhus University , Fuglesangs All\u00e9 4, 8210 Aarhus V ,","place":["Denmark"]}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Stephan","family":"Smeekes","sequence":"additional","affiliation":[{"name":"Department of Quantitative Economics, Maastricht University , Tongersestraat 53, 6211LM ,","place":["The 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