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pre- World War I, the interwar, and the post-war periods, this paper finds that the Frankel-Romer result is robust to …
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Quantitative results from a large class of structural gravity models of international trade depend critically on the elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data...
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accounts for the bulk of international capital raisings, highlighting the cross-firm heterogeneity in financial globalization …
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