Felbermayr, Gabriel; Gröschl, Jasmin Katrin; Heid, Benedikt - 2021 - this draft: June 24, 2021
We develop a simple methodology to estimate monthly aggregate supply and demand conditions from bilateral international trade data for about 180 countries and 40 years. We apply our method to measure the short-run effects of natural disasters. In line with theoretical considerations, we find...