Hysteresis and the Welfare Effect of Corrective Policies: Theory and Evidence from an Energy-Saving Program
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https://www.nber.org/papers/w24608
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资源简介：
A growing body of evidence documents that policies can affect household behaviors persistently, even if they are no longer in place. This paper studies the importance of such "hysteresis" the failure of an effect to reverse itself as its underlying cause is reversed for the welfare evaluation of
提供机构：
美国国家经济研究局
创建时间：
2018-05-01
