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Bounds on a Slope from Size Restrictions on Economic Shocks / Marco Stenborg Petterson, David G. Seim, Jesse M. Shapiro.
- Format:
- Book
- Author/Creator:
- Petterson, Marco Stenborg.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w27556.
- NBER working paper series no. w27556
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2020.
- Summary:
- We study the problem of learning about the effect of one market-level variable (e.g., price) on another (e.g., quantity) in the presence of shocks to unobservables (e.g., preferences). We show that economic intuitions about the plausible size of the shocks can be informative about the parameter of interest. We illustrate with a main application to the grain market.
- Notes:
- Print version record
- July 2020.
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