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New York Fed: 'A Practitioner's Note on the Shapley-Owen-Shorrocks Decomposition'
August 21, 2025
NEW YORK, Aug. 21 (TNSLrpt) -- The Federal Reserve Bank of New York issued the following staff report (No. 1163) in August 2025 by Richard Audoly, Rory McGee, Sergio Ocampo, and Gonzalo Paz-Pardo entitled "A Practitioner's Note on the Shapley-Owen-Shorrocks Decomposition."

Here are excerpts:

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Decomposing empirical or economic phenomena into the contributions of different inputs is a frequent goal of economic analysis. However, in many se . . .

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