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This paper investigates and extends the computationally attractive nonparametric random coefficients estimator of Fox, Kim, Ryan, and Bajari (2011). We show that their estimator is a special case of the nonnegative LASSO, explaining its sparse nature observed in many applications. Recognizing...
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elasticity without the use of consumption or asset data. We find this elasticity on average to be negative, but small. The degree …
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Exploiting exogenous variation in retail fuel prices from a temporary fuel tax discount in Germany, we estimate how the … pass-through of the discount varies over space and time. We draw on daily gasoline prices of virtually all gas stations in …
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We study the role of heterogeneous preferences at the spousal level and that of spousal mutual insurance against wage shocks for couples’ labor supply in a time-use model. We estimate the model for couples in the German Time-Use Survey with Bayesian techniques and generate gender-specific...
Persistent link: https://www.econbiz.de/10015048409
The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 … elasticity of 0.22 and a units elasticity of 0.25. The study also reveals that geographical constraints partially affect the … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the …
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