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Is Smoking Inferior? Evidence from Variation in the Earned Income Tax Credit

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NBER2014-05-01 更新2025-01-04 收录
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In this paper we estimate the causal income elasticity of smoking participation, cessation, and cigarette demand conditional upon participation. Using an instrumental variables (IV) estimation strategy we find that smoking appears to be a normal good among low-income adults: higher instrumented

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2014-05-01
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