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 …

rate formula as a function of the three corresponding behavioral elasticities. The first elasticity (labor supply) is the … elasticity (avoidance) through tax enforcement and tax neutrality across income forms. The optimal top tax rate increases with … the third elasticity (bargaining) as bargaining efforts are zero-sum in aggregate. We provide evidence using cross …

impact, and its persistence, depend on the ratio of two parameters: the long-run interest rate elasticity of money demand and … the intertemporal substitution elasticity. At the same time, the model has completely classical long-run predictions …

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

We estimate the elasticity of exports to credit using matched customs and firm-level bank credit data from Peru. To …

choice increased demand elasticity faced by hospitals with regard to clinical quality and waiting time for an important … increased demand elasticity. The results suggests greater choice can enhance quality … quality. Sicker patients and better informed patients were more affected. We leverage our model to calculate potential …

The elasticity of substitution between home and foreign goods is one of the most important parameters in international …

Nordhaus framework as a key input into optimal patent policy design: namely, what is the elasticity of R&D investment with …