Quantitative Trade Models: Developments and Challenges
NBER Working Paper No. 22706
---- Acknowledgements ----
We thank Kim Ruhl for extensive discussions of the issues addressed in this paper. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research. An online data appendix is available at http://www.econ.umn.edu/~tkehoe.