Diffuse Bunching with Frictions: Theory and Estimation
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下载链接：
https://www.nber.org/papers/w32597
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资源简介：
We incorporate a general model of frictions into the bunching-based elasticity estimator. The new estimator replaces bunching-window bounds with a lumpiness parameter and uses fewer parameters than the conventional approach while delivering additional economically-interpretable quantities such as
提供机构：
美国国家经济研究局
创建时间：
2024-06-01
