Gravity for Dummies and Dummies for Gravity Equations
---- Acknowledgements ----
We thank Thierry Meyer, Volker Nitsch and Rob Feenstra for helpful feedback. This paper reflects views of the authors, which do not necessarily correspond with those of the ECB nor imply the expression of any opinion whatsoever on the part of the ECB. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.