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cfe-heterogeneity

Use when designing or writing heterogeneity analysis for a Journal-of-Finance-and-Economics manuscript. Enforces five-dimension priority and theoretical-justification discipline.

Journal-of-Finance-and-Economics-Skills/skills/cfe-heterogeneity/SKILL.md

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# 异质性分析(cfe-heterogeneity)

## 触发时机

- 主结果已稳健,但只切了一个维度("东中西"或"国企 / 非国企")
- 审稿人要求补做异质性
- 切了多个维度但没有理论指引

## 切分维度优先级

按《财经研究》读者期待度排序(综合财经语境):

1. **制度环境 / 市场化程度** —— 王小鲁《中国分省份市场化指数》、各地法治 / 营商环境指数
2. **企业产权 / 公司治理** —— 国企 / 民企 / 外资、股权集中度、董事会独立性
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