Showing 1 - 10 of 7,140
We study the implications of microeconomic heterogeneity for aggregate technology, showing that the aggregate elasticity of substitution between capital and labor can be expressed as a simple function of plant level structural parameters and sufficient statistics for plant heterogeneity. This...
Persistent link: https://www.econbiz.de/10009670446
Persistent link: https://www.econbiz.de/10010415412
Persistent link: https://www.econbiz.de/10003549646
Persistent link: https://www.econbiz.de/10009712651
Persistent link: https://www.econbiz.de/10009714369
Persistent link: https://www.econbiz.de/10009723139
Food purchases differ substantially across countries. We use detailed household level data from the US, France and the UK to (i) document these differences; (ii) estimate a demand system for food and nutrients, and (iii) simulate counterfactual choices if households faced prices and nutritional...
Persistent link: https://www.econbiz.de/10010233161
Persistent link: https://www.econbiz.de/10010386775
Persistent link: https://www.econbiz.de/10012002640