Background Information: Key Elasticities in the Diamond-Zodrow Model
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In this background document, the authors provide some information on the choices of key parameter values used in the Diamond-Zodrow model. They focus on parameters involving labor supply, saving, international capital flows and substitution among factors of production.
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Diamond, John W. and Zodrow, George W.. "Background Information: Key Elasticities in the Diamond-Zodrow Model." (2021) James A. Baker III Institute for Public Policy: https://www.bakerinstitute.org/research/background-information-key-elasticities-diamond-zodrow-model.