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Table 5 Deep parameters

From: Skills versus Luck: Bolivia and its recent Bonanza

Preference

 \(\begin{array}{ccc} \beta =0.95&\theta _{m}=0.35&\theta _{n}=0.65 \end{array}\)

Production function

 \(\alpha _{x}=0.6\ \ \alpha _{m}=0.45\ \ \alpha _{n}=0.3\ \ \delta =0.06\)

 \(z_{x}=1.13\ \ z_{m}=0.10\ \ z_{n}=0.44\)

Fiscal variables

 \(\varkappa =0.8\ \ \tau _{m}=0.05\ \ \tau _{c_{m}}=0.16\ \ \tau _{c_{n}}=0.16\)