New Trade Models, Same Old Gains?

Micro-level data have had a profound influence on research in international trade over the last ten years. In many regards, this research agenda has been very successful. New stylized facts have been uncovered and new trade models have been developed to explain these facts. In this paper we investigate to what extent answers to new micro-level questions have affected answers to an old and central question in the field: how large are the welfare gains from trade? A crude summary of our results is: "So far, not much." (JEL F11, F12)

Artificial Intelligence Capability Census:A baseline study of AI adoption, opportunity and impact in Northern Ireland (August 2025)

The Artificial Intelligence Collaboration Centre (AICC) has published the first-ever comprehensive baseline of the Northern Ireland AI ecosystem, setting the foundation for growth and innovation across the region.The Artificial Intelligence Capability Census, commissioned by the AICC and delivered by Perspective Economics, identifies 198 firms actively engaged in AI across Northern Ireland, employing approximately 1,340 AI professionals. The report finds that Northern Ireland’s AI-related revenue reached £188 million in 2024, generating £82 million in Gross Value Added (GVA)

When The Bees Make Honey Down In Sunny Alabam\u27

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You\u27re A Million Miles From Nowhere : When You\u27re One Little Mile From Home

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You\u27re Just The Type : For A Bungalow

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Hortense

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Don\u27t Cry Frenchy, Don\u27t Cry

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When You See Another Sweetie Hanging Around : That\u27s The Time You\u27ll Want To Come Back To Me

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How \u27Ya Gonna Keep \u27Em Down On The Farm? : After They\u27ve Seen Paree

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