interact to information flows, how new information is capitalized into stock prices, and how financial crises alter these …

skewness in house prices and incomes are related and can be explained, at least in part, by inelastic supply of land in some …-up of land prices and a sorting of high-income families relatively more into those desirable, unique, low housing ….S. provides support for ever-larger differences in house prices across inelastically supplied locations and income-based spatial …

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

the labor supply elasticity. Both a calibration procedure that uses modern assessments of the Frisch elasticity and the …

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 …

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 …

: local returns to scale in innovation, the elasticity of housing supply, and the importance of local amenities. Even if there …

To understand the elasticity of employment to local labor demand shocks, we develop a quantitative general equilibrium …