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’ tax is levied one can use a single tax instrument to estimate both a supply and a demand elasticity. This defies the …
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We build a life cycle model of labor supply that incorporates changes along both the intensive and extensive margin and …
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nominal contracts (NSCNC). We extend the ABSS framework to allow for endogenous and heterogeneous household labor supply among …
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identifying assumptions used to separate supply and demand parameters? What is the nature of the shock to prices employed in the … supply and demand parameters in the absence of instruments. We also discuss recent theoretical developments from the … elasticity estimates. We favor elasticities taken from econometric exercises that employ identifying assumptions and exploit …
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