The introduction of widespread trade restrictions between the West and both Russia and China (referred to as decoupling) precipitates significant short-term shifts in trade flows. →
We introduce two novel tools to enhance our understanding of international trade. Through the trade cost index, we compute the complete trade costs within a value chain. With the new gravity model that also incorporates... →
Firms face various trade costs that affect their international competitiveness. These include not only direct tariffs on imports and exports but also less obvious indirect tariffs imposed at different points in the... →
This paper documents the Saffier 3.0 model that is used for making macroeconomic projections and assessing the responses to fiscal policy changes in the short and medium run. This dual purpose of the model brings with... →
