Chapter 1: Introduction -- Chapter 2: An Agricultural Household Model with Tariffs -- Chapter 3: Data and Estimation -- Chapter 4: Income Gains and Inequality Costs -- Chapter 5: The Trade-Off -- Chapter 6: Alternative Models -- Chapter 7: HIT: Household Impacts of Trade -- Chapter 8:...

We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic...