Anticipation, Tax Avoidance, and the Price Elasticity of Gasoline Demand
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Traditional least squares estimates of the responsiveness of gasoline consumption to changes in gasoline prices are biased toward zero, given the endogeneity of gasoline prices. A seemingly natural solution to this problem is to instrument for gasoline prices using gasoline taxes, but this approach
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美国国家经济研究局创建时间：
2015-03-01
