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Bartik Instruments : What, When, Why, and How
Goldsmith-Pinkham, Paul - 2018
our results through three applications: estimating the elasticity of labor supply, estimating local labor market effects … of Chinese imports, and estimating the elasticity of substitution between immigrants and natives …
Persistent link: https://www.econbiz.de/10012924475
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The Aggregate Implications of Regional Business Cycles
Beraja, Martin - 2016
Making inferences about aggregate business cycles from regional variation alone is diffcult because of economic channels and shocks that differ between regional and aggregate economies. However, we argue that regional business cycles contain valuable information that can help discipline models...
Persistent link: https://www.econbiz.de/10012999463
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Patents and Research Investments : Assessing the Empirical Evidence
Budish, Eric B. - 2016
Nordhaus framework as a key input into optimal patent policy design: namely, what is the elasticity of R&D investment with …
Persistent link: https://www.econbiz.de/10013001206
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Methods Versus Substance : Measuring the Effects of Technology Shocks on Hours
Rios-Rull, Jose-Victor - 2018
the labor supply elasticity. Both a calibration procedure that uses modern assessments of the Frisch elasticity and the …
Persistent link: https://www.econbiz.de/10012940704
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On Bunching and Identification of the Taxable Income Elasticity
Blomquist, Soren - 2017
The taxable income elasticity is a key parameter for predicting the effect of tax reform or designing an income tax …. Bunching at kinks and notches in a single budget set have been used to estimate the taxable income elasticity. We show that … the size of the taxable income elasticity, and neither is the entire distribution of taxable income for a convex budget …
Persistent link: https://www.econbiz.de/10012940809
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A Variational Approach to the Analysis of Tax Systems
Golosov, Mikhail - 2015
We develop a general method to study the effects of non-linear taxation in dynamic settings using variational arguments. We first derive general theoretical formulas that characterize the welfare effects of local tax reforms and, in particular, the optimal tax system, potentially restricted...
Persistent link: https://www.econbiz.de/10013031295
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Opening the Black Box of the Matching Function : The Power of Words
Marinescu, Ioana Elena - 2016
elasticity of labor supply. Thus, our results uncover the previously undocumented power of words in the job matching process …
Persistent link: https://www.econbiz.de/10012985200
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The Taxation of Superstars
Scheuer, Florian - 2015
elasticity measures are not sufficient statistics and must be adjusted upwards in optimal tax formulas. Finally, we study a …
Persistent link: https://www.econbiz.de/10013018739
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Aggregating Elasticities : Intensive and Extensive Margins of Female Labour Supply
Attanasio, Orazio - 2015
the micro level means that the aggregate labour supply elasticity is not a structural parameter: any aggregate elasticity …
Persistent link: https://www.econbiz.de/10013019870
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Capital Tax Reform and the Real Economy : The Effects of the 2003 Dividend Tax Cut
Yagan, Danny - 2015
, the statistical precision challenges leading estimates of the cost-of-capital elasticity of investment, or undermines …
Persistent link: https://www.econbiz.de/10013026796