Gonna post this here and see what explodes later in my Twitter feed: http://conference.nber.org/confer//2017/PEf17/Diamond_McQuade_Qian.pdf …pic.twitter.com/s9OTds4HjX
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It isn't an aggregate loss: they are separate losses and benefits accruing to different classes of renters
@kimmaicutler might actually be right b/c they say "all renters" but it's hard to tell and a bit confusing. Arguably they should be separate
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