Federal Reserve Bank of Minneapolis: 'Trade Models, Trade Elasticities, and the Gains From Trade'
September 11, 2025
September 11, 2025
MINNEAPOLIS, Minnesota, Sept. 11 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis issued the following Economic Research report (No. 674) on August 26, 2025, by Ina Simonovska and Michael Waugh entitled "Trade Models, Trade Elasticities, and the Gains from Trade."
Here are excerpts:
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Abstract
We argue that the welfare gains from trade in models with micro-level margins exceed those in frameworks without these margins. Theoret . . .
Here are excerpts:
* * *
Abstract
We argue that the welfare gains from trade in models with micro-level margins exceed those in frameworks without these margins. Theoret . . .