Learning Firm Conduct: Pass-Through as a Foundation for Instrument Relevance
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https://www.nber.org/papers/w32863
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资源简介:
Researchers often test firm conduct models using pass-through regressions or instrumental variables (IV) methods. The former has limited applicability; the latter relies on potentially irrelevant instruments. We show the falsifiable restriction underlying the IV method generalizes the pass-through
提供机构:
美国国家经济研究局
创建时间:
2024-08-01



