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A Practical Guide to Shift-Share Instruments

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NBER2024-12-01 更新2025-01-04 收录
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A recent econometric literature shows two distinct paths for identification with shift-share instruments, leveraging either many exogenous shifts or exogenous shares. We present the core logic of both paths and practical takeaways via simple checklists. A variety of empirical settings illustrate key

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2024-12-01
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