The first day will begin with an overview of recent advances in the empirical analysis of static models of industry equilibrium. We then focus in on a number of difficulties in the analysis, and consider the use of inequality estimators to ameliorate them. The second day will begin with an overview of problems involved in analyzing dynamic models of industry equilibrium. We will then focus in on recent methods for using the implications of those models to estimate parameters which are not difficult to estimate in other ways.

Please note that the venue for this master class has changed from UCL to the Institute for Fiscal Studies