Balladurette and Juppette: A Discrete Analysis of Scrapping Subsidies
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This paper studies the effects of subsidies on durable goods markets. In particular, we study a recent policy in France in which the governments of Balladur and Jupp subsidized the replacement of old cars with new ones. To study this policy, we construct a dynamic stochastic discrete choice model of
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美国国家经济研究局创建时间：
1997-05-01
