Figure 2.
The graph plots years relative to policy from negative 6 to 5, with average treatment effects ranging from negative 0.1 to 0.2. The solid line starts near 0.02 at negative 6, fluctuates around zero with values near negative 0.01 to 0.04 up to 0, then increases steadily, reaching about 0.1 by 4 and slightly declining near 0.08 at 5. Dashed lines above and below show wider bounds, with upper values rising from about 0.1 at negative 6 to about 0.2 at 5, and lower values ranging from about negative 0.08 to near 0.Dynamic effects of urban climate adaptation policy
Source: Authors’ own work