Estimating Lost Output from Allocative Inefficiency, with an Application to Chile and Firing Costs
---- Acknowledgments ----
We thank the editor and an anonymous referee for detailed comments and suggestions. We have benefited from discussions with and thank (without implicating for any remaining errors) Susanto Basu, Alejandra Cox-Edwards, James Heckman, Gunter Hitsch, Wendy Petropoulos and Jeremy Fox. We also thank seminar participants at the University of Chicago, Montana State University, Yale University, University of Minnesota, University of Michigan, IADB, NBER Productivity Group, the COST workshop and ASSA meetings. We thank Esteban Puentes for facilitating access to the Social Protection Survey data. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.