The report provides a literature review on the topic of estimation of demand and supply elasticities. To this end, it … identification problem in estimating elasticities, i.e. the issue of having to solve for unique values of the parameters of the …, using instrumental variables, adopting a recursive structure, holding demand constant, and imposing inequality constraints …

models (e.g. for inflation, interest rates, or exchange rates) are subject to both parameter instability and identification … between them. Changes in identification strength provide an additional source of information that is used to improve …

of the models used in this literature. In particular, I discuss two commonly used demand systems: multistage budgeting …

study the correlation of the estimated parameters and markups with the firm-level productivity growth. Second, the paper … contributes to literature on the structural identification of production functions in two ways. As a first step, it reviews the … price, and the collinearity among input factors of production. Additionally, we propose an identification strategy that …