Individual skill

jfr-mechanism

Use when the mechanism section of a 《金融研究》 (Journal of Financial Research) manuscript stops at "promotes / inhibits" — to pin the effect to a concrete financial channel (credit / risk-taking / balance-sheet / information) with channel-specific evidence rather than a generic mediation regression.

Journal-of-Financial-Research-Skills/skills/jfr-mechanism/SKILL.md

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# 金融渠道机制(jfr-mechanism)

## 触发时机

- 机制只说"缓解了融资约束 / 促进了 X",无渠道证据
- 中介回归跑了一堆,但说不清哪条金融渠道在起作用
- 审稿人会问"通过什么传导的"

## 《金融研究》要的不是"中介变量",是"金融渠道"

机制分析的核心是落到**可命名的金融渠道**,并给出该渠道**特有**的、可证伪的证据,而非一个泛泛的 mediator。

## 四条主渠道(对照表)
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