Federal Reserve Bank of Minneapolis: "3-D Gains From Trade"
January 18, 2025
January 18, 2025
MINNEAPOLIS, Minnesota, Jan. 18 (TNSres) -- The Federal Reserve Bank of Minneapolis issued the following Economic Research white paper (No. 809) on December 24, 2024, by Doireann Fitzgerald entitled "3-D Gains from Trade".
Here are excerpts:
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Static trade models imply modest gains from trade. I quantify the gains from trade in a multi-country dynamic stochastic environment, taking into account the contributions to welfare of trade across stat . . .
Here are excerpts:
* * *
Static trade models imply modest gains from trade. I quantify the gains from trade in a multi-country dynamic stochastic environment, taking into account the contributions to welfare of trade across stat . . .