Plausibly Exogenous [1543] - Demand Shocks (04/23/2024)
LHS Variable
Wages of exporters
RHS Variable
Unexpected product demand shocks during the 2008–9 Great Recession
Source of Exogenous Variation
Locations of their pre-recession customers
- Garin and Silvério (2023), “How Responsive Are Wages to Firm-Specific Changes in Labour Demand? Evidence from Idiosyncratic Export Demand Shocks”