) have a high concentration of households with social ties to the East exhibit substantially higher growth in income per … is associated with a 4.6 percentage point rise in income per capita over six years. We interpret our findings as evidence …

proved empirically challenging. We propose an identification strategy that exploits variation in corporate income tax rates … increases in corporate tax rates lead to significant reductions in employment and wage income, while corporate tax cuts only …

motivate our empirical analysis, which quantifies the relationship between market access and income. We then calibrate the … removing the ADHS would have reduced total income by $53.7 billion in the United States with $22 billion of the losses in …

to make its distribution network in both space and time. Indivisibilities are found to create significant scale economies … in distribution …

moving from a Pareto to a lognormal distribution allows the Melitz model to match the role of the intensive margin in the EDD …. We use likelihood methods and the EDD to estimate a generalized Melitz model with a joint lognormal distribution for firm …

where this discrepancy between the short- and long-run elasticities is due to frictions in distribution. Goods need to be … combined with a local non-traded input, distribution capital, which is good specific. Home and foreign goods may be close … substitutes, but if distribution capital is slow to adjust then agents cannot shift their consumption in the short run following a …

responsiveness of consumption to income changes which can be predicted from past information and income changes which cannot be … constructed to allow for measurement error in the income process. They also allow for more general income processes than have been …. Measurement error does have a strong influence on the relationship between consumption and income. When it is ignored our tests do …

(c) characterize which types of areas produce better outcomes. For children growing up in low-income families, each year … of childhood exposure to a one standard deviation (SD) better county increases income in adulthood by 0.5%. Hence …, growing up in a one SD better county from birth increases a child's income by approximately 10%. There is substantial local …

receipt and earnings beginning four years after entry. Estimated increases in income tax payments fully recoup government … suggests that increasing grant aid for low-income college students would enhance welfare in many U.S. settings …