The Amiti–Weinstein estimator: an equivalence result

© 2016 Elsevier B.V. Amiti and Weinstein (2013) develop a new methodology to identify bank-supply shocks using matched bank–firm credit data. We show, using the Frisch–Waugh theorem, that their methodology is equivalent to a weighted least squares regression and suggest applicability in other research areas.

Publication year:2017

BOF-keylabel:yes

IOF-keylabel:yes

BOF-publication weight:0.5

CSS-citation score:1

Authors from:Private, Higher Education

Accessibility:Closed