Bounds on a Slope from Size Restrictions on Economic Shocks

Marco Stenborg Petterson, David Seim and Jesse Shapiro

No 27556, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: 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.

JEL-codes: C22 C32 D41 Q11 (search for similar items in EconPapers)
Date: 2020-07
Note: IO TWP
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published as Marco Stenborg Petterson & David Seim & Jesse M. Shapiro, 2023. "Bounds on a Slope from Size Restrictions on Economic Shocks," American Economic Journal: Microeconomics, vol 15(3), pages 552-572.

Downloads: (external link)
http://www.nber.org/papers/w27556.pdf (application/pdf)

Related works:
Journal Article: Bounds on a Slope from Size Restrictions on Economic Shocks (2023)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:27556

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w27556

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().