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, which are important for understanding both the dynamics of aggregate investment and the impact of various policies on … estimation of parameters of dynamic optimization problems in which non-convexities lead to extended periods of investment … inactivity. In doing so, we create a method to take into account censored observations stemming from intermittent investment …
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We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated employer-employee data from the U.S. Census Bureau's Longitudinal Employer-Household Dynamics Program infrastructure files spanning two Economic Censuses (1992 and 1997). We...
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