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What are 2 weaknesses of the paper and what better data / instrument / identification strategy could improve them? https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3279254

What are 2 weaknesses of the paper and what better data / instrument / identification strategy could improve them?

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3279254

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