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title: "The Evolution of Local Labor Markets after Recessions"
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[Brad Hershbein; Bryan A. Stuart (2024)](https://doi.org/10.1257/app.20220132). *American Economic Journal: Applied Economics*.

**Under development — community extension.** This is a provisional source-design assessment, not a new successful replication or a final eligibility ruling.

[Extension index](development.html) · [Provisional eligibility log](development.html#eligibility-log) · [Assessment JSON](aeraej-322.json) · [QMD](aeraej-322.qmd) · [Reproduction code](collection-code.zip)

## Source design and template applicability

The stacked recession event studies use continuous local recession severity. The generated CBSA/CZ analysis panels are also absent; recession dates do not make the severity treatment binary.

No DiD estimates, uncertainty intervals or homogeneity-test decision were computed in this tranche. No point is added to the calibration plots. This is not a zero effect or a failed statistical test.

## Recorded treatment-column measurement

**Preparation blocked.**

cr_combine_cbsa.dta and cr_combine_cz.dta regional-recession analysis panels are absent; deposited inputs do not yet contain the constructed regional exposure.

These are the existing data-measured counts, not counts inferred from design labels. A binary instrument, group indicator or interaction component need not be the treatment of interest; the source-design assessment above takes precedence for template applicability.

## Replication status

**This tranche:** unsupported design; source code/documentation inspected, no estimator run.

**Supplied library:** rebuild_required; verification: public data absent; preparation: needs_restricted_data. These are the library’s labels, not new verification claims. Missing data and unsupported designs are separate issues.

## Evidence and provenance

The following files in the supplied library were inspected. Their SHA-256 digests are recorded in the downloadable assessment JSON. Source archives and microdata are not redistributed.

- `AEJ-Applied/Hershbein_Stuart_AEJ-Applied_2024_184022/R/322_hershbein_stuart_replicate.R` (62 lines)
- `AEJ-Applied/Hershbein_Stuart_AEJ-Applied_2024_184022/verdict.md` (30 lines)
- `AEJ-Applied/Hershbein_Stuart_AEJ-Applied_2024_184022/aeraej-322.md` (234 lines)