| ▲ | littlexsparkee 7 hours ago | |
this paper uses a Bartik / shift-share instrument that looks at changes in sectors and the localized effects (exposure) due to concentration/reliance on that industry. It's an exogenous labor demand shock, not a mass layoff which frames the decision as made at the company level. Skills matter in this consideration but the point is to account for that statistically. | ||