We revisit the Armington model developed by Feenstra et al. (2018) that allows the elasticity of substitution between … production, exactly the same set of data used for counterfactual analysis. Our estimates suggest that the elasticity of … that imposing a uniform elasticity of substitution across all varieties would lead to (i) considerable underestimation of …

markup elasticity of monetary non-neutrality in the United States equals 1. Second, the markup elasticity of monetary non …

This paper estimates the elasticity of taxable income (ETI) for Spain. Using the bunchingapproach and administrative …

would rationally have a demand elasticity of 0.15. Using three portfolio-based proxies of informedness, we further …