Quantitative results from a large class of international trade models depend critically on the elasticity of trade with … respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate …-flow data for 123 countries in the year 2004 yields a trade elasticity of roughly four, nearly fifty percent lower than Eaton …

This paper points to the important role which the elasticity of aggregate capital supply with respect to the net rate … (zero capital supply elasticity) the decentralized policy choice is optimal. If the capital supply elasticity is strictly …

elasticity measures are not sufficient statistics and must be adjusted upwards in optimal tax formulas. Finally, we study a …

our empirical example we find that income-shifting accounts for over two thirds of the overall elasticity of taxable … burden compared to the standard model in which the overall elasticity defines the welfare loss. However, in addition to …

bracketed in the interval [0.05, 0.80], with the (un-weighted) mean elasticity across the various methods ranging from 0.26 to 0 …

) develops a formula for estimating the elasticity of value-added with respect to the statutory tax. We show that the marginal … excess burden of the tax on suppliers is measured by this elasticity, extending Feldstein's analysis of the elasticity of … transactions, again consistently with the theory. We provide an estimate of the elasticity of the VAT tax base in the range of 0 …

Several recent studies show that the elasticity of taxable income (ETI) is not a sufficient statistic for the welfare … indicate an overall ETI between 0.35 and 0.68 and an elasticity of deductions with respect to the net-of-tax rate between -0 …