ecopol-tables-figures

Tables and Figures (ecopol-tables-figures)

When to trigger

• A minister or central-bank reader could not extract the policy takeaway from your main exhibit
• Tables are dense regression dumps with every coefficient and three sets of stars
• The key magnitude is buried in a coefficient cell rather than shown as a headline effect
• Figures lack the context (units, baseline, policy threshold) a non-economist needs
• You are choosing which exhibits go in the accessible main text vs. the technical appendix

EP exhibits serve two readers — design for the harder one

EP is read by economists and policymakers, and presented to two discussants. The main-text exhibits must be legible to the policy reader; the regression machinery belongs in the appendix. The governing principle: lead with figures that show the policy effect, demote dense tables to the appendix. A good EP figure answers the policy question by itself — an event-study plot of the reform's effect over time, a map of treated regions, a bar of the welfare/cost decomposition — with a caption a non-specialist can read standalone.

Note on house style: EP applies its template and copyediting at the commissioning/production stage, and authors receive style guidance on commissioning (检索于 2026-06；以官网为准). All figures should carry alternative text (alt text) for accessibility (检索于 2026-06；以官网为准). Confirm exact figure-format and table-style rules in the live author guidelines.

Main-text vs. appendix split

| Exhibit | Where it belongs |

|---------|------------------|

| Headline policy effect (event study, treatment effect over time) | main-text figure |

| Magnitude in policy-meaningful units (€, jobs, % of GDP) | main-text figure/table |

| Welfare / fiscal-cost decomposition | main-text figure |

| Full regression table with all controls and specifications | appendix |

| Robustness grid across specifications | compact summary in main text; full grid in appendix |

| Balance / first-stage / density diagnostics | appendix |

Craft moves for the policy reader

• Translate units. Show effects as €, jobs, percentage-points of GDP, or per-capita — not just a standardized coefficient. The policymaker thinks in outcomes, not z-scores.
• Put the baseline in the figure. An effect of "−0.08" is meaningless without "relative to a baseline of 0.40." Annotate it.
• One message per figure. If a figure makes two points, split it. Caption states the single takeaway.
• Drop significance asterisks from the headline story. Show the point estimate and a visible confidence interval; let the policy reader see precision directly rather than decoding stars.
• Mark the policy object on the plot — the reform date, the eligibility threshold, the counterfactual path — so the design is visible.
• Tables: only the coefficients that matter in the main text; full controls in the appendix.

Execution bridge (StatsPAI / Stata MCP)

Generate exhibits from the fitted result, not by retyping numbers. Full map:

[execution-with-mcp](../../../shared-resources/empirical-methods/execution-with-mcp.md). Economic Policy is policy-facing applied economics; foreground a credible design and a policy-relevant magnitude.

• Tables: etable (multi-model) or did_summary_to_latex straight from the result_id.
• Figures: plot_from_result / enhanced_event_study_plot / event_study_table —

axis units and the SE/clustering note baked in.

• Every note names the estimator + clustering and states the magnitude in interpretable units.

See a full fitted-result → exhibit chain in the [JF execution walkthrough](../../../Journal-of-Finance-Skills/resources/worked-examples/02-execution-walkthrough.md).

Checklist

• [ ] At least one main-text figure that conveys the policy effect standalone
• [ ] Effects shown in policy-meaningful units, with the baseline annotated
• [ ] Confidence intervals visible; headline message not asterisk-dependent
• [ ] Policy object (reform date / threshold / counterfactual) marked on relevant figures
• [ ] Dense regression tables and diagnostics moved to the appendix
• [ ] Each figure has a standalone, non-technical caption (and alt text per accessibility policy — 待核实 on exact spec)
• [ ] One message per exhibit; no two-point figures

Anti-patterns

• A main-text table of 20 coefficients × 6 columns that no policymaker will read
• Reporting effects only as standardized/log coefficients with no real-world units
• Three tiers of significance stars carrying the headline instead of a shown CI
• Figures with no baseline, no units, and no marked policy event
• Leaving the single most policy-relevant exhibit in the appendix while the main text shows diagnostics

Output format

【Journal】Economic Policy (EP)
【Skill】ecopol-tables-figures
【Headline figure】does it convey the policy effect standalone? Y/N
【Units】effect expressed in € / jobs / %GDP / per-capita?
【Baseline + policy object】annotated on figure? Y/N
【Precision】CI shown (not asterisk-driven)? Y/N
【Main-text vs appendix】what moved to appendix
【Accessibility】alt text / format per guidelines (待核实 exact spec)
【Next skill】ecopol-writing-style