Plausibly Exogenous [1792] - Immigration (12/29/2024)

LHS Variable
Quality of economic institutions

RHS Variable
Immigration

Source of Exogenous Variation
The relaxation of emigration restrictions in the Soviet Union and the State’s subsequent collapse led to a large exogenous shock to Israel’s immigrant flows because Israel allows unrestricted immigration for world-wide Jews.

- Powell, Clark, and Nowrasteh (2017), “Does mass immigration destroy institutions? 1990s Israel as a natural experiment”