The Income Elasticity of Import Demand: Micro Evidence and An Application
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We construct a synthetic panel of household expenditures from the Consumer Expenditure Survey (CEX) and use the Quadratic Almost Ideal Demand System to estimate expenditure shares and income elasticities of demand that vary by good-income-time. We show that the size and distribution of income shocks
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美国国家经济研究局创建时间：
2017-04-01
