Browsing Department of Economics (ECO) by Author "WILLIS, Jonathan L."
Title:Euler-Equation Estimation for Discrete Choice Models: A Capital Accumulation Application Author(s):COOPER, Russell; HALTIWANGER, John; WILLIS, Jonathan L.Date:2010Type of Publication:Working PaperSeries/Report no.:EUI ECO; 2010/21Abstract:This paper studies capital adjustment at the establishment level. Our goal is to characterize capital adjustment costs, which are important for understanding both the dynamics of aggregate investment and the impact of ...
Title:A Comment on the Economics of Labor Adjustment: Mind the Gap: Evidence From A Monte Carlo Experiment: Reply Author(s):COOPER, Russell; WILLIS, Jonathan L.Date:2009Citation:American Economic Review, 2009, 99, 5, 2267-2276Type of Publication:Article