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This study investigates the determinants of applications for U.S. disability benefits between 1986 and 1993 using a semiparametric discrete factor procedure separately for men and women. Approximating a dynamic optimization model, the estimation accounts for a variety of potential biases that...
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We analyse the incidence of ad valorem and unit excise taxes in an oligopolistic industry with diffentiated products and price-setting (Bertrand) firms.
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