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Yoto V. Yotov @yotoyotov.bsky.social · Sep 5

If you teach an undergrad international trade course and want some hands-on experience with real data & Stata or R, consider my “Gravity for Undergrads” Chapter. It may be useful in econometrics, undergrad seminars, and undergrad theses. Gravity Rules 💪

yotoyotov.com/Gravity_Unde...

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Reposted by Yoto V. Yotov

federicocarril.bsky.social @federicocarril.bsky.social · Sep 5

Contento de compartir la siguiente guía en español para la estimación de modelos de gravedad elaborada por @yotoyotov.bsky.social y traducida por @jordipaniagua.bsky.social y yo.
La guía se puede descargar aquí: ideas.repec.org/p/drx/wpaper...
Los datos y código aquí: yotoyotov.com/Gravity_Unde...

Gravity for Undergrads

La ecuación de gravedad es el modelo de referencia en el comercio internacional y la herramienta más utilizada para el análisis de políticas comerciales. No obstante, a pesar de sus sólidas bases teór

ideas.repec.org

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Yoto V. Yotov @yotoyotov.bsky.social · Aug 25

🇪🇸🇪🇸 Muy contento de compartir el capítulo "Gravity for Undergrads" en español. Muchas gracias a los profesores Carril-Caccia y Paniagua (@jordipaniagua.bsky.social‬), que se ofrecieron voluntariamente a aportar este bien público al alumnado hispanohablante. 🙏💪 🇪🇸

ideas.repec.org/p/drx/wpaper...

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Yoto V. Yotov @yotoyotov.bsky.social · Aug 21

Thanks a lot, Nathan, and I hope you are well! Most credit goes to the amazing Arne and Fernando.

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Yoto V. Yotov @yotoyotov.bsky.social · Aug 21

Arne, Fernando, and I are happy to share the updated version of the “jwdid” command for heterogeneity-robust estimations with non-linear outcomes and high-dimensional fixed effects, along with the corresponding paper. We hope it is useful.

ideas.repec.org/p/drx/wpaper...

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Yoto V. Yotov @yotoyotov.bsky.social · Aug 18

Happy to see our survey on #sanctions with
@gfelbermayr.bsky.social, Cliff Morgan, and Costas Syropoulos published at the Annual Review of Economics.

go.shr.lc/3Rtj9dP

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Reposted by Yoto V. Yotov

Peter Eppinger @petereppinger.com · Jul 23

So looking forward to our Global Ecoonomic Networks Workshop next week at Lake Como!

The exciting program is now availbale via:
sites.google.com/site/peterep...

Peter Eppinger - GEN Workshop

I am co-organizing the annual Global Economic Networks (GEN) Workshop series. The aim of the GEN Workshops is to bring together scholars interested in international trade, multinational firms, and glo...

sites.google.com

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Yoto V. Yotov @yotoyotov.bsky.social · Jul 23

Good news on trade. Arne, Mario, Philipp and I construct a dataset on ‘trade specialists’. We find that the trade costs for the specialists are four times lower than for non-specialists. The corresponding welfare gain from globally efficient trade is 80%!

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Reposted by Yoto V. Yotov

VoxEU @ CEPR @voxeu.org · Jun 27

@kevinhorourke.bsky.social & Roger Vicquery introduce a new index of global exchange rate fixity and find that global anchoring to the US dollar fell sharply after 1971, and global exchange rate fixity is now only about one-third of the Bretton Woods level.
cepr.org/voxeu/column...
#EconSky

Graph of the prevalence of US dollar anchoring over time. There is a sharp drop after 1971.

The collapse of the Bretton Woods system has traditionally been cited as heralding a major shift towards floating exchange rates. The extent of this transition has recently been challenged. This column introduces a new index of global exchange rate fixity which is invariant to country boundaries and accounts for indirect relationships. It finds that global anchoring to the US dollar fell sharply after 1971, and global exchange rate fixity is now only about one-third of the Bretton Woods level. This potentially sheds new light on other important secular trends, including the dominant currency paradigm and the global financial cycle.

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Yoto V. Yotov @yotoyotov.bsky.social · Jun 25

📢NEW DATA! Happy to share the new release of the International Trade and Production Database for Estimation - ITPD-E-R03. Thanks to my co-authors Mario Larch & Serge Shikher and to the USITC!

For details: ideas.repec.org/p/drx/wpaper...

Enjoy the data and have a great summer!

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Reposted by Yoto V. Yotov

Ron Davies @ronbdavies.bsky.social · Jun 17

Sloppy headline. Of course, they were down in April -- because they were WAY up in March ahead of the (potential?) tariffs. It even goes on to say "However when compared with April 2024, goods exports were still up by €2.5 billion." Sorry to spoil your story with your OWN story.

The Irish Times @irishtimes.com · Jun 17

Irish exports to US fall by 62% in April as Trump announces tariffs

Latest CSO trade figures reflect volatility caused by US tariffs

www.irishtimes.com

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Yoto V. Yotov @yotoyotov.bsky.social · Jun 13

Using a new data on international and domestic languages, we argue that having a uniform language within a country leads to significant welfare gains, however, the gains from bilingualism are even lerger.

VoxEU @ CEPR @voxeu.org · Jun 13

Enforcing a single language without supporting bilingualism risks fragmenting the very markets such policies aim to unify. Economic gains arise not from linguistic uniformity, but from enabling shared fluency.
T Gurevitch, P Herman, @yotoyotov.bsky.social‬, F Toubal
cepr.org/voxeu/column...
#EconSky

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Yoto V. Yotov @yotoyotov.bsky.social · Jun 12

Thanks for all your valuable service to the profession!

Christian Zimmermann @czimm-economist.bsky.social · Jun 12

RePEc has no staff, thus we rely on volunteers and some self-help by users: publishers index their works, authors maintain their online profile, so that volunteers can take care of the rest. Thanks for doing your part.

repec.org

#RePEc #EconSky

RePEc: Research Papers in Economics

RePEc is a central index of economics research, including working papers, articles and software code

repec.org

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Reposted by Yoto V. Yotov

Christian Zimmermann @czimm-economist.bsky.social · Jun 12

RePEc has no staff, thus we rely on volunteers and some self-help by users: publishers index their works, authors maintain their online profile, so that volunteers can take care of the rest. Thanks for doing your part.

repec.org

#RePEc #EconSky

RePEc: Research Papers in Economics

RePEc is a central index of economics research, including working papers, articles and software code

repec.org

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Yoto V. Yotov @yotoyotov.bsky.social · Jun 5

It was an honor and a great pleasure!

Jordi Paniagua @jordipaniagua.bsky.social · Jun 5

Great and fun keynote by @yotoyotov.bsky.social on gravity and sanctions in the 27th Applied Economics Meeting

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Yoto V. Yotov @yotoyotov.bsky.social · May 30

Javier Flórez (@pseud0safari.bsky.social), Mario Larch, Sebastien Bradley, and I are very happy share the update of the most disaggregated dataset of consistently constructed international and domestic trade flows -- GRANTPA.

So, let’s estimate GRAVITY with GRANTPA.

ideas.repec.org/p/drx/wpaper...

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Yoto V. Yotov @yotoyotov.bsky.social · May 22

🚨🚨Good news for the EU! The great Lionel Fontagné & I propose new measures of the potential of trade blocs. An EU application shows that the EU has been very successful, but only half of the potential gains from the EU have been realized to date.👇

ideas.repec.org/p/drx/wpaper...

‪@ec.europa.eu‬

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Yoto V. Yotov @yotoyotov.bsky.social · May 18

Two sad news for science this weekend:

1. The (allegedly) fraudulent paper by the MIT student 👇

thebsdetector.substack.com/p/ai-materia...

2. And the revelation that one can buy citations at Google Scholar 👇

arxiv.org/abs/2402.04607

On the bright side ... I am going fishing

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Yoto V. Yotov @yotoyotov.bsky.social · May 7

Despite the current challenges and prior doubts regarding the ability of GATT/WTO to promote international trade, the evidence from our meta-analysis is that the WTO/GATT effects on trade have been positive and significant. Happy 30th anniversary & thanks, GATT/WTO!

ideas.repec.org/p/drx/wpaper...

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Yoto V. Yotov @yotoyotov.bsky.social · Apr 19

Thanks a lot, Paul!

Yoto V. Yotov @yotoyotov.bsky.social · Apr 17

🚨 GRAVITY for UNDERGRADS🚨

Very happy to share “Gravity for Undergrads” - a Chapter, designed to introduce the gravity model to undergrads and novices in trade. It comes with data and code in Stata & R. I hope it is useful. Gravity rules 💪

yotoyotov.com/Gravity_Unde...

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Yoto V. Yotov @yotoyotov.bsky.social · Apr 10

🚨NEW COURSE🚨 Want to learn how to quantify the partial and general equilibrium effects of trade and other policies (e.g., tariffs, sanctions)? If so, consider taking my course on trade policy analysis with structural gravity. For more information visit: yotoyotov.com/gravity.html

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Yoto V. Yotov @yotoyotov.bsky.social · Apr 6

A great threat on tariffs by one of the best trade economists of our time. Thanks, John!

John McLaren @johnmclaren.bsky.social · Apr 4

I'm seeing a huge spike in interest in tariffs from people who normally don't work in the economics of international trade. Here are a few useful things to know about them. (1/14)

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Reposted by Yoto V. Yotov

John McLaren @johnmclaren.bsky.social · Apr 4

I'm seeing a huge spike in interest in tariffs from people who normally don't work in the economics of international trade. Here are a few useful things to know about them. (1/14)

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Reposted by Yoto V. Yotov

Thomas Sampson @thomsampson.bsky.social · Apr 3

For no particular reason, it might be a good time to repost my Starter pack of academic economists who study international trade

go.bsky.app/G3dqAYg

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