Skip to main content
Keyword: quasi-experimental;
Search again
Return to Latest Publications
We show that multinational firms transmit shocks across countries through their internal capital markets. We study a credit supply shock to parent firms in Germany. International affiliates outside Germany supported thei...Read more...
Marcus Biermann and Kilian Huber
8 April 2024
Many studies use shift-share (or ?Bartik?) instruments, which average a set of shocks with exposure share weights. We provide a new econometric framework for shift-share instrumental variable (SSIV) regressions in which ...Read more...
Kirill Borusyak, Peter Hull and Xavier Jaravel
8 June 2021