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Quantifying Quality Growth

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NBER2000-05-01 更新2025-01-04 收录
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We introduce an instrumental variables approach to estimate the importance of unmeasured quality growth for a set of 66 durable consumer goods. Our instrument is based on predicting which of these 66 goods will display rapid quality growth. Using pooled cross- relatively sections of households in

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2000-05-01
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