Browsing ECO Working Papers by Author "WILLIS, Jonathan L."

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Browsing ECO Working Papers by Author "WILLIS, Jonathan L."

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    Title: Euler-Equation Estimation for Discrete Choice Models: A Capital Accumulation Application  Author(s): COOPER, Russell; HALTIWANGER, John; WILLIS, Jonathan L. Date: 2010 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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 ...