2025/02/01 by Kirill Borusyak, Peter Hull, Xavier Jaravel · 5 citations
Economics, Econometrics and Finance · Social Sciences · #Firm Innovation and Growth #Cultural Industries and Urban Development
paper · pdf · doi:10.1257/jep.20231370
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 points.