Numbers We Can Believe In? Counterfactual and Welfare Analysis in International Trade
Arnaud Costinot

The second lecture will discuss how to test the predictions of quantitative trade models. It is based on the following article:

  • Adao R., Costinot A., and Donaldson D. (2023), “Putting Quantitative Models to the Test: An Application to Trump’s Trade War”, NBER working paper.

Presentation Slides (PDF)