differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction … short run dynamics, thereby retaining information for the long run. Using France as our example, we demonstrate that this …

in France over the period from January 2015 to July 2016. Using firm-level data at monthly frequency, we document an … immediate and lasting decline in cross-border trade after a mass terrorist attack. According to our estimates, France’s trade in … particularly strong effects for partner countries with low border barriers to France, for firms with less frequent trade activities …

theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to …

. I examine Catholicism in France during the Second Industrial Revolution (1870-1914). In this period, technology became …

Gravity as both fact and theory is one of the great success stories of recent research on international trade, and has … general-equilibrium system. Next, we point out some anomalies with the theory: mounting evidence against constant trade …

between enemies versus trade between friends to provide some evidence that is consistent with the theory …