Background Information: Key Elasticities in the Diamond-Zodrow Model
February 4, 2021 | John W. Diamond, George R. Zodrow
Table of Contents
Author(s)
John W. Diamond
Edward A. and Hermena Hancock Kelly Senior Fellow in Public Finance | Director, Center for Public FinanceGeorge R. Zodrow
Baker Institute Rice Faculty Scholar | Allyn R. and Gladys M. Cline Chair of EconomicsTo access the full working paper, download the PDF in the left-hand sidebar.
Abstract
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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