![A New Engel on the Gains from Trade: Theory and Evidence Within and Across Countries](https://clausen.berkeley.edu/wp-content/uploads/2018/11/network-3139222_1280-1080x675.jpg)
A New Engel on the Gains from Trade: Theory and Evidence Within and Across Countries
by Ben Faber, with David Atkin, Thibault Fally & Marco Gonzalez-Navarro
In this paper, we propose and implement a new approach that uses rich, but widely available, expenditure survey microdata to estimate a theory-consistent and exact metric of changes in income-group specific price indices and welfare.
![](https://clausencenter.wpengine.com/wp-content/uploads/2018/11/network-3139222_1280.jpg)
Topics
Development
Initiatives
International Trade & Development