elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this … elasticity from disaggregate price and trade-flow data and we use it within Eaton and Kortum's (2002) Ricardian model. We apply … elasticity of roughly four, nearly fifty percent lower than Eaton and Kortum's (2002) approach. This difference doubles the …

labor supply elasticities were small, recent work has identified three key reasons that the aggregate elasticity may be …

countries. The cross-country income elasticity of establishment size is remarkably similar across sectors, about 0.3. We discuss …

values, the elasticities of wages, prices, taxes, and government transfers with respect to national labor supplies, as well …

to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … prices affect fleet fuel economy through two channels: (1) shifting new auto purchases towards more fuel-efficient vehicles … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …

the micro level means that the aggregate labour supply elasticity is not a structural parameter: any aggregate elasticity …

elasticity of labor supply. Thus, our results uncover the previously undocumented power of words in the job matching process …