Sufficient Statistics for Welfare Analysis: A Bridge Between Structural and Reduced-Form Methods
NBER Working Paper No. 14399
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This article was prepared for the inaugural issue of the Annual Review in Economics. E-mail: email@example.com. Thanks to David Card, John Friedman, Patrick Kline, Justin McCrary, Enrico Moretti, Ariel Pakes, Emmanuel Saez, and numerous seminar participants for helpful comments and discussions. I am grateful for funding from NSF grant SES 0645396. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.