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The COVID-19 pandemic shock represents a once-in-a-generation challenge to both the global economy and to business forecasting, contributing to elevated economic uncertainty through today. In this article, we perform a retrospective evaluation of some of the workhorse statistical models used by...
Establishment-level productivity within narrowly defined industries is widely dispersed. This productivity dispersion may arise because the process of adoption and diffusion of an innovation is complex, as new innovative establishments enter and other less innovative establishments shrink (and...
On May 5, 2020, the U.S. Trade Representative announced plans to negotiate a free trade agreement with the United Kingdom (USUKFTA). We use GTAP to model the economic impacts of such a free trade agreement. We also develop a modified GTAP model that includes worker displacement to incorporate...
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