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Does Trade Cause Growth? JEFFREY A. FRANKEL AND DAVID ROMER *

Does Trade Cause Growth? JEFFREY A. FRANKEL AND DAVID ROMER *. by ILKER KAYA. The big question. What is the impact of international trade on standards of living?. Technical Challenge. How are we going to measure the effect of international trade on income (standards of living). Problems.

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721 views • 26 slides

Montecarlo Simulation

Montecarlo Simulation. LAB NOV 27 2009 ECON 4550. Montecarlo Simulations. Monte Carlo simulation is a method of analysis based on artificially recreating a chance process (usually with a computer), running it many times, and directly observing the results

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285 views • 21 slides

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Does Trade Cause Growth? JEFFREY A. FRANKEL AND DAVID ROMER *

Montecarlo Simulation