Welcome to Mike Waugh's website!
Check this out...
This figure plots the results from a simple exercise. I took the calibrated model from my paper International Trade and Income Differences (new version coming soon!) and changed the calibrated trade costs for Chile to import by the same amount that Chile's average tariff rate in 2007, 1984, 1977, and 1973 changed relative to the 1996 level.
I am research economist at the Federal Reserve Bank of Minneapolis.
In September 2009, I will be an assistant professor of economics at New York University, Leonard N. Stern School of Business.
Current Contact Information
E-mail: waugh At minneapolisfed.org
Phone: 612-204-6401
Mailing Address: Research Department, Federal Reserve Bank of Minneapolis, 90 Hennepin Ave, Minneapolis, MN 55401