Biography:

Peter Hull is a Professor of Economics at Brown University, a Faculty Research Fellow in the NBER Labor Studies, Education, and Health Care programs in Labor Studies, and the econometrics editor at the Review of Economics and Statistics. His research spans a variety of topics in applied econometrics, education, health care, discrimination, and criminal justice. He was awarded an Alfred P. Sloan Research Fellowship in 2023 in recognition of this work.

Formula Instruments

Abstract:

Many studies in economics use instruments or treatments which combine a set of exogenous shocks with other predetermined variables by a known formula. Examples include shift-share instruments, measures of social or spatial spillovers, and treatments capturing eligibility for a public policy. This workshop reviews recent econometric tools for this setting, which leverage the assignment process of the exogenous shocks and the structure of the formula for identification. Practical insights will be illustrated with two empirical applications and a coding lab.