What Do We Learn From Cross-Regional Empirical Estimates in Macroeconomics?
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Recent empirical work uses variation across cities or regions to identify the effects of economic shocks of interest to macroeconomists. The interpretation of such estimates is complicated by the fact that they reflect both partial equilibrium and local general equilibrium effects of the shocks. We
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美国国家经济研究局创建时间：
2020-03-01
