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Recovering Overlooked Information in Categorical Variables with LLMs: An Application to Labor Market Mismatch

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NBER2024-04-01 更新2025-01-04 收录
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Categorical variables have no intrinsic ordering, and researchers often adopt a fixed-effect (FE) approach in empirical analysis. However, this approach has two significant limitations: it overlooks textual labels associated with the categorical variables; and it produces unstable results when there

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2024-04-01
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