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Networks, Barriers, and Trade

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NBER2019-07-01 更新2025-01-04 收录
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We study a flexible class of trade models with international production networks and arbitrary wedge-like distortions like markups, tariffs, or nominal rigidities. We characterize the general equilibrium response of variables to shocks in terms of microeconomic statistics. Our results are useful for

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2019-07-01
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