Plausibly Exogenous [1938] - Labor Emancipation (05/24/2025)

LHS Variable
Decline of coercive labor institutions

RHS Variable
Capital-skill complementarity

Source of Exogenous Variation
Average slope of the terrain as a source of variation in the prevalence of water mills across counties in 1819

- Ashraf et al. (2018), “Capital-Skill Complementarity and the Emergence of Labor Emancipation”