NBER Papers on International Trade and Investment Program

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w27873 Jan Bena
Serdar Dinc
Isil Erel

The International Propagation of Economic Downturns Through Multinational Companies: The Real Economy Channel
w27845 Kirill Borusyak
Peter Hull

Non-Random Exposure to Exogenous Shocks: Theory and Applications
w27840 Pol Antràs
Stephen J. Redding
Esteban Rossi-Hansberg

Globalization and Pandemics
w27837 Treb Allen
Costas Arkolakis
Xiangliang Li

On the Equilibrium Properties of Network Models with Heterogeneous Agents
w27821 Stephen J. Redding
Trade and Geography
w27806 David O. Argente
Chang-Tai Hsieh
Munseob Lee

Measuring the Cost of Living in Mexico and the US
w27795 Davin Chor
Kalina Manova
Zhihong Yu

Growing Like China: Firm Performance and Global Production Line Position
w27731 Francisco J. Buera
Joseph P. Kaboski
Martí Mestieri
Daniel G. O'Connor

The Stable Transformation Path
w27730 Anna Maria Mayda
Francesc Ortega
Giovanni Peri
Kevin Y. Shih
Chad Sparber

Coping with H-1B Shortages: Firm Performance and Mitigation Strategies
w27722 Gene M. Grossman
Elhanan Helpman

When Tariffs Disturb Global Supply Chains
w27718 Giovanni Peri
Derek Rury
Justin C. Wiltshire

The Economic Impact of Migrants from Hurricane Maria
w27708 Anusha Chari
Peter Blair Henry
Hector Reyes

The Baker Hypothesis
w27689 Anna Aizer
Ryan Boone
Adriana Lleras-Muney
Jonathan Vogel

Discrimination and Racial Disparities in Labor Market Outcomes: Evidence from WWII
w27679 Yuan Tian
Maria Esther Caballero
Brian K. Kovak

Social Learning along International Migrant Networks
w27670 Remi Jedwab
Adam Storeygard

The Average and Heterogeneous Effects of Transportation Investments: Evidence from Sub-Saharan Africa 1960-2010
w27644 Jie Bai
Panle Jia Barwick
Shengmao Cao
Shanjun Li

Quid Pro Quo, Knowledge Spillover, and Industrial Quality Upgrading: Evidence from the Chinese Auto Industry
w27630 Alessandro Barattieri
Matteo Cacciatore

Self-Harming Trade Policy? Protectionism and Production Networks
w27587 Benny Kleinman
Ernest Liu
Stephen J. Redding

International Friends and Enemies
w27560 Victor Couture
Jonathan I. Dingel
Allison E. Green
Jessie Handbury
Kevin R. Williams

Measuring Movement and Social Contact with Smartphone Data: A Real-Time Application to COVID-19
w27558 Wolfgang Keller
Carol H. Shiue

China's Foreign Trade and Investment, 1800 - 1950
w27538 Britta Glennon
How Do Restrictions on High-Skilled Immigration Affect Offshoring? Evidence from the H-1B Program
w27526 Dani Rodrik
Why Does Globalization Fuel Populism? Economics, Culture, and the Rise of Right-wing Populism
w27519 Edward L. Glaeser
Caitlin S. Gorback
Stephen J. Redding

How Much does COVID-19 Increase with Mobility? Evidence from New York and Four Other U.S. Cities
w27510 Andrew N. Greenland
Mihai Ion
John W. Lopresti
Peter K. Schott

Using Equity Market Reactions to Infer Exposure to Trade Liberalization
w27497 Chun-Fang Chiang
Jason M. Kuo
Megumi Naoi
Jin-Tan Liu

What Do Voters Learn from Foreign News? Emulation, Backlash, and Public Support for Trade Agreements
w27470 Alexander F. Wagner
Richard J. Zeckhauser
Alexandre Ziegler

The Tax Cuts and Jobs Act: Which Firms Won? Which Lost?
w27455 Diego A. Comin
Ana Danieli
Martí Mestieri

Income-driven Labor Market Polarization
w27441 Pablo Fajgelbaum
Amit Khandelwal
Wookun Kim
Cristiano Mantovani
Edouard Schaal

Optimal Lockdown in a Commuting Network
w27383 Robert C. Feenstra
Chang Hong

China's Import Demand for Agricultural Products: The Impact of the Phase One Trade Agreement
w27371 Felipe Saffie
Liliana Varela
Kei-Mu Yi

The Micro and Macro Dynamics of Capital Flows
w27350 Farid Farrokhi
Heitor S. Pellegrina

Global Trade and Margins of Productivity in Agriculture
w27329 Klaus Desmet
Romain Wacziarg

Understanding Spatial Variation in COVID-19 across the United States
w27303 Ezra Oberfield
Esteban Rossi-Hansberg
Pierre-Daniel Sarte
Nicholas Trachter

Plants in Space
w27300 Giulia Brancaccio
Myrto Kalouptsidi
Theodore Papageorgiou
Nicola Rosaia

Search Frictions and Efficiency in Decentralized Transportation Markets
w27287 Jonathan I. Dingel
Felix Tintelnot

Spatial Economics for Granular Settings
w27286 Pinelopi K. Goldberg
Tristan Reed

Income Distribution, International Integration, and Sustained Poverty Reduction
w27276 Jungho Lee
Shang-Jin Wei
Jianhuan Xu

The Welfare Cost of a Current Account Imbalance: A "Clean" Effect
w27255 Kjersti Nes
K Aleks Schaefer

Retaliatory Use of Public Standards in Trade
w27254 Gilles Duranton
Geetika Nagpal
Matthew Turner

Transportation Infrastructure in the US
w27252 Giovanni Maggi
Ralph Ossa

Are Trade Agreements Good For You?
w27236 Ferdinando Monte
Mobility Zones
w27224 Barthélémy Bonadio
Zhen Huo
Andrei A. Levchenko
Nitya Pandalai-Nayar

Global Supply Chains in the Pandemic
w27220 David O. Argente
Chang-Tai Hsieh
Munseob Lee

The Cost of Privacy: Welfare Effects of the Disclosure of COVID-19 Cases
w27219 James R. Markusen
Global Comparatives Statics in General Equilibrium: Model Building from Theoretical Foundations
w27201 J. Vernon Henderson
Matthew A. Turner

Urbanization in the Developing World: Too Early or Too Slow?
w27180 Jisang Yu
Nelson B. Villoria
Nathan P. Hendricks

The Incidence of Foreign Market Accessibility on Farmland Rental Rates
w27178 Vellore Arthi
Markus Lampe
Ashwin R Nair
Kevin Hjortshøj O'Rourke

The Impact of Interwar Protection: Evidence from India
w27151 Munisamy Gopinath
Feras A. Batarseh
Jayson Beckman

Machine Learning in Gravity Models: An Application to Agricultural Trade
w27148 Thomas W. Hertel
Uris L.C. Baldos
Keith O. Fuglie

Trade in Technology: A Potential Solution to the Food Security Challenges of the 21st Century
w27147 Colin A. Carter
Sandro Steinbach

The Impact of Retaliatory Tariffs on Agricultural and Food Trade
w27140 David Baqaee
Emmanuel Farhi

Entry vs. Rents
w27139 David Baqaee
Emmanuel Farhi

The Darwinian Returns to Scale
w27133 Ryan Kim
Jonathan Vogel

Trade and Welfare (Across Local Labor Markets)
w27114 Mary Amiti
Sang Hoon Kong
David Weinstein

The Effect of the U.S.-China Trade War on U.S. Investment
w26845 Joseph S. Shapiro
The Environmental Bias of Trade Policy
w27064 Christoph E. Boehm
Andrei A. Levchenko
Nitya Pandalai-Nayar

The Long and Short (Run) of Trade Elasticities
w27048 Laura Alfaro
Ester Faia
Ruth A. Judson
Tim Schmidt-Eisenlohr

Elusive Safety: The New Geography of Capital Flows and Risk
w27047 Dirk Krueger
Harald Uhlig
Taojun Xie

Macroeconomic Dynamics and Reallocation in an Epidemic
w27012 Ralph Ossa
Robert W. Staiger
Alan O. Sykes

Disputes in International Investment and Trade
w26995 Paul R. Bergin
Giancarlo Corsetti

The Macroeconomic Stabilization of Tariff Shocks: What is the Optimal Monetary Response?
w26990 Theresa Kuchler
Dominic Russel
Johannes Stroebel

The Geographic Spread of COVID-19 Correlates with the Structure of Social Networks as Measured by Facebook
w26971 Tarek Alexander Hassan
Stephan Hollander
Laurence van Lent
Ahmed Tahoun

Firm-level Exposure to Epidemic Diseases: Covid-19, SARS, and H1N1
w26960 Michael Bailey
Abhinav Gupta
Sebastian Hillenbrand
Theresa Kuchler
Robert J. Richmond
Johannes Stroebel

International Trade and Social Connectedness
w26955 Donald R. Davis
Eric Mengus
Tomasz K. Michalski

Labor Market Polarization and the Great Divergence: Theory and Evidence
w26950 Laura Alfaro
Anusha Chari
Andrew N. Greenland
Peter K. Schott

Aggregate and Firm-Level Stock Returns During Pandemics, in Real Time
w26948 Jonathan I. Dingel
Brent Neiman

How Many Jobs Can be Done at Home?
w26899 Thomas R. Tørsløv
Ludvig S. Wier
Gabriel Zucman

Externalities in International Tax Enforcement: Theory and Evidence
w26890 David Atkin
Benjamin Faber
Thibault Fally
Marco Gonzalez-Navarro

A New Engel on Price Index and Welfare Estimation
w26877 Chunding Li
Xin Lin
John Whalley

Comparing Alternative China and US Arrangements with CPTPP
w26865 Wolfgang Keller
Markus Lampe
Carol H. Shiue

International Transactions: Real Trade and Factor Flows between 1700 and 1870
w26860 Gianluca Orefice
Giovanni Peri

Immigration and Worker-Firm Matching
w26855 Antonio Coppola
Matteo Maggiori
Brent Neiman
Jesse Schreger

Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens
w26854 Andrew B. Bernard
Teresa C. Fort
Valerie Smeets
Frederic Warzynski

Heterogeneous Globalization: Offshoring and Reorganization
w26843 Anusha Chari
The International Market for Corporate Control
w26827 Ronald B. Davies
James R. Markusen

The Structure of Multinational Firms' International Activities
w26810 Isaac Ehrlich
Yun Pei

Human Capital as Engine of Growth - The Role of Knowledge Transfers in Promoting Balanced Growth Within and Across Countries
w26803 Zhen Huo
Andrei A. Levchenko
Nitya Pandalai-Nayar

Utilization-Adjusted TFP Across Countries: Measurement and Implications for International Comovement
w26790 Brian K. Kovak
Rebecca Lessem

How do U.S. Visa Policies Affect Unauthorized Immigration?
w26770 Fabian Eckert
Andrés Gvirtz
Jack Liang
Michael Peters

A Method to Construct Geographical Crosswalks with an Application to US Counties since 1790
w26761 Myrto Kalouptsidi
Yuichi Kitamura
Lucas Lima
Eduardo A. Souza-Rodrigues

Partial Identification and Inference for Dynamic Models and Counterfactuals
w26741 Rahul Giri
Kei-Mu Yi
Hakan Yilmazkuday

Gains from Trade: Does Sectoral Heterogeneity Matter?
w26731 Richard Baldwin
Rikard Forslid

Globotics and Development: When Manufacturing is Jobless and Services are Tradable
w26715 Janet Currie
Henrik Kleven
Esmée Zwiers

Technology and Big Data Are Changing Economics: Mining Text to Track Methods
w26714 Murillo Campello
Gustavo S. Cortes
Fabricio d'Almeida
Gaurav Kankanhalli

Global Effects of the Brexit Referendum: Evidence from US Corporations
w26665 Serguey Braguinsky
Atsushi Ohyama
Tetsuji Okazaki
Chad Syverson

Product Innovation, Product Diversification, and Firm Growth: Evidence from Japan's Early Industrialization
w26632 Fabian Eckert
Teresa C. Fort
Peter K. Schott
Natalie J. Yang

Imputing Missing Values in the US Census Bureau's County Business Patterns
w26625 Rodrigo Adão
Martin Beraja
Nitya Pandalai-Nayar

Technological Transitions with Skill Heterogeneity Across Generations
w26615 M. Shahe Emran
Dilip Mookherjee
Forhad Shilpi
M. Helal Uddin

Credit Rationing and Pass-Through in Supply Chains: Theory and Evidence from Bangladesh
w26611 Kyle Handley
Fariha Kamal
Ryan Monarch

Rising Import Tariffs, Falling Export Growth: When Modern Supply Chains Meet Old-Style Protectionism
w26610 Mary Amiti
Stephen J. Redding
David E. Weinstein

Who's Paying for the US Tariffs? A Longer-Term Perspective
w26609 Tarek Alexander Hassan
Stephan Hollander
Laurence van Lent
Ahmed Tahoun

The Global Impact of Brexit Uncertainty
w26603 Cailin R. Slattery
Owen M. Zidar

Evaluating State and Local Business Tax Incentives
w26602 Shang-Jin Wei
Yinxi Xie

Monetary Policy in an Era of Global Supply Chains
w26594 Richard Hornbeck
Martin Rotemberg

Railroads, Reallocation, and the Rise of American Manufacturing
w26581 Jie Bai
Jiahua Liu

The Impact of Intranational Trade Barriers on Exports: Evidence from a Nationwide VAT Rebate Reform in China
w26577 Bryan S. Graham
Network Data
w26574 Jessie Handbury
Are Poor Cities Cheap for Everyone? Non-Homotheticity and the Cost of Living Across U.S. Cities
w26555 Dietmar Fehr
Johanna Mollerstrom
Ricardo Perez-Truglia

Your Place in the World: The Demand for National and Global Redistribution
w26542 Xuepeng Liu
Aaditya Mattoo
Zhi Wang
Shang-Jin Wei

Services Development and Comparative Advantage in Manufacturing
w26539 Pol Antràs
Conceptual Aspects of Global Value Chains
w26526 Marius Brülhart
Klaus Desmet
Gian-Paolo Klinke

The Shrinking Advantage of Market Potential
w26524 Neriman Beste Kaygisiz
Yashna Shivdasani
Rena M. Conti
Ernst R. Berndt

The Geography of Prescription Pharmaceuticals Supplied to the U.S.: Levels, Trends and Implications
w26506 Yoon J. Jo
Misaki Matsumura
David E. Weinstein

The Impact of E-Commerce on Relative Prices and Consumer Welfare
w26483 Enrico Moretti
Claudia Steinwender
John Van Reenen

The Intellectual Spoils of War? Defense R&D, Productivity and International Spillovers
w26482 Marie-Pierre de Bellefon
Pierre-Philippe Combes
Gilles Duranton
Laurent Gobillon
Clément Gorin

Delineating Urban Areas Using Building Density
w26473 Gino Gancia
Giacomo A. M. Ponzetto
Jaume Ventura

A Theory of Economic Unions
w26470 Wen-Tai Hsu
Raymond G. Riezman
Ping Wang

Innovation, Growth, and Dynamic Gains from Trade
w26468 Ching-mu Chen
Wan-Jung Cheng
Shin-Kun Peng
Raymond Riezman
Ping Wang

Trade Wars, Technology and Productivity
w26461 Chang-Tai Hsieh
Peter J. Klenow
Ishan B. Nath

A Global View of Creative Destruction
w26434 Emily J. Blanchard
Chad P. Bown
Davin Chor

Did Trump's Trade War Impact the 2018 Election?
w26432 Yuan Xu
Hong Ma
Robert C. Feenstra

Magnification of the 'China Shock' Through the U.S. Housing Market
w26399 Jongkwan Lee
Giovanni Peri
Vasil Yasenov

The Labor Market Effects of Mexican Repatriations: Longitudinal Evidence from the 1930s
w26396 Alberto Cavallo
Gita Gopinath
Brent Neiman
Jenny Tang

Tariff Passthrough at the Border and at the Store: Evidence from US Trade Policy
w26373 Don Fast
Susan Fleck

Unit Values for Import and Export Price Indexes - A Proof of Concept
w26355 Andrea Ariu
Katariina Nilsson Hakkala
J. Bradford Jensen
Saara Tamminen

Service Imports, Workforce Composition, and Firm Performance: Evidence from Finnish Microdata
w26353 Michael E. Waugh
The Consumption Response to Trade Shocks: Evidence from the US-China Trade War
w26326 Margaret S. McMillan
Brian McCaig

Trade Liberalization and Labor Market Adjustment in Botswana
w26320 Mengxiao Liu
Daniel Trefler

What's the Big Idea? Multi-Function Products, Firm Scope and Firm Boundaries
w26283 Jie Bai
Ludovica Gazze
Yukun Wang

Collective Reputation in Trade: Evidence from the Chinese Dairy Industry
w26270 Enrico Moretti
The Effect of High-Tech Clusters on the Productivity of Top Inventors
w26267 Esteban Rossi-Hansberg
Pierre-Daniel Sarte
Felipe Schwartzman

Cognitive Hubs and Spatial Redistribution
w26266 Paul Bergin
Ling Feng
Ching-Yi Lin

Trade and Firm Financing
w26261 Daniel P. Gross
Collusive Investments in Technological Compatibility: Lessons from U.S. Railroads in the Late 19th Century
w26256 Douglas A. Irwin
U.S. Trade Policy in Historical Perspective
w26252 Lee G. Branstetter
Brian K. Kovak
Jacqueline Mauro
Ana Venancio

The China Shock and Employment in Portuguese Firms
w26230 David Atkin
Amit Khandelwal

How Distortions Alter the Impacts of International Trade in Developing Countries
w26218 Nicholas Bloom
Philip Bunn
Scarlet Chen
Paul Mizen
Pawel Smietanka
Gregory Thwaites

The Impact of Brexit on UK Firms
w26213 Dani Rodrik
Putting Global Governance in its Place
w26212 George A. Alessandria
Horag Choi

Entry, Trade, and Exporting over the Cycle
w26197 Daniel W. Elfenbein
Raymond Fisman
Brian McManus

The Impact of Socioeconomic and Cultural Differences on Online Trade
w26195 Youssef Benzarti
Alisa Tazhitdinova

Do Value-Added Taxes Affect International Trade Flows? Evidence from 30 Years of Tax Reforms
w26193 Dominick G. Bartelme
Arnaud Costinot
Dave Donaldson
Andrés Rodríguez-Clare

The Textbook Case for Industrial Policy: Theory Meets Data
w26188 Yan Bai
Keyu Jin
Dan Lu

Misallocation Under Trade Liberalization
w26149 Bradley Setzler
Felix Tintelnot

The Effects of Foreign Multinationals on Workers and Firms in the United States
w26141 Jaume Ventura
Sharing a Government
w26134 Brent Neiman
Joseph S. Vavra

The Rise of Niche Consumption
w26132 Gene M. Grossman
Phillip McCalman
Robert W. Staiger

The "New" Economics of Trade Agreements: From Trade Liberalization to Regulatory Convergence?
w26124 Jonathan Eaton
Ana Cecília Fieler

The Margins of Trade
w26121 Dong Cheng
Mario J. Crucini
Hyunseung Oh
Hakan Yilmazkuday

Early 20th Century American Exceptionalism: Production, Trade and Diffusion of the Automobile
w26117 Ruediger Bachmann
Gabriel Ehrlich
Ying Fan
Dimitrije Ruzic

Firms and Collective Reputation: a Study of the Volkswagen Emissions Scandal
w26108 David Baqaee
Emmanuel Farhi

Networks, Barriers, and Trade
w26085 Sebastian Edwards
Change of Monetary Regime, Contracts, and Prices: Lessons from the Great Depression, 1932-1935
w26075 Panle Jia Barwick
Myrto Kalouptsidi
Nahim Bin Zahur

China's Industrial Policy: an Empirical Evaluation
w26050 Sebastian Horn
Carmen M. Reinhart
Christoph Trebesch

China's Overseas Lending
w26029 Michael Bailey
Patrick Farrell
Theresa Kuchler
Johannes Stroebel

Social Connectedness in Urban Areas
w26018 Robert C. Johnson
Andreas Moxnes

GVCs and Trade Elasticities with Multistage Production
w25991 W. Erwin Diewert
Robert C. Feenstra

Estimating the Benefits of New Products
w25979 Charles W. Calomiris
Mauricio Larrain
Sergio L. Schmukler
Tomas Williams

Search for Yield in Large International Corporate Bonds: Investor Behavior and Firm Responses
w25978 Zhen Huo
Andrei A. Levchenko
Nitya Pandalai-Nayar

International Comovement in the Global Production Network
w25968 Chang-Tai Hsieh
Esteban Rossi-Hansberg

The Industrial Revolution in Services
w25967 David Card
Stefano DellaVigna
Patricia Funk
Nagore Iriberri

Are Referees and Editors in Economics Gender Neutral?
w25965 George A. Alessandria
Shafaat Y. Khan
Armen Khederlarian

Taking Stock of Trade Policy Uncertainty: Evidence from China's Pre-WTO Accession
w25933 Bruce A. Blonigen
Anca D. Cristea
Donghyun Lee

Evidence for the Effect of Monitoring Costs on Foreign Direct Investment
w25927 Douglas A. Irwin
Does Trade Reform Promote Economic Growth? A Review of Recent Evidence
w25925 Filipe R. Campante
Davin Chor
Bingjing Li

The Political Economy Consequences of China's Export Slowdown
w25919 Rui Costa
Swati Dhingra
Stephen Machin

Trade and Worker Deskilling
w25904 Clément de Chaisemartin
Xavier D'Haultfoeuille

Two-way Fixed Effects Estimators with Heterogeneous Treatment Effects
w25900 Gabriel Chodorow-Reich
Loukas Karabarbounis
Rohan Kekre

The Macroeconomics of the Greek Depression
w25878 Hiroyuki Kasahara
Heiwai Tang

Excessive Entry and Exit in Export Markets
w25871 Paula Bustos
Juan Manuel Castro-Vincenzi
Joan Monras
Jacopo Ponticelli

Industrialization without Innovation
w25868 Alonso de Gortari
Disentangling Global Value Chains
w25862 Nune Hovhannisyan
Wolfgang Keller

International Business Travel and Technology Sourcing
w25860 Chunding Li
Jing Wang
John Whalley

Trade Protectionism and US Manufacturing Employment
w25839 Chong-En Bai
Chang-Tai Hsieh
Zheng Michael Song

Special Deals with Chinese Characteristics
w25824 Christoph E. Boehm
Aaron Flaaen
Nitya Pandalai-Nayar

Multinationals, Offshoring and the Decline of U.S. Manufacturing
w25804 Stefania Garetto
Lindsay Oldenski
Natalia Ramondo

Multinational Expansion in Time and Space
w25793 Matthias Schlegl
Christoph Trebesch
Mark L.J. Wright

The Seniority Structure of Sovereign Debt
w25790 Felipe Benguria
Alan M. Taylor

After the Panic: Are Financial Crises Demand or Supply Shocks? Evidence from International Trade
w25767 Aaron B. Flaaen
Ali Hortaçsu
Felix Tintelnot

The Production Relocation and Price Effects of U.S. Trade Policy: The Case of Washing Machines
w25762 Aaditya Mattoo
Robert W. Staiger

Trade Wars: What do they Mean? Why are they Happening Now? What are the Costs?
w25754 Wei Chen
Xilu Chen
Chang-Tai Hsieh
Zheng Song

A Forensic Examination of China's National Accounts
w25741 Kevin Hjortshøj O'Rourke
Ahmed Rahman
Alan M. Taylor

Trade, Technology, and the Great Divergence
w25705 Rafael Di Tella
Dani Rodrik

Labor Market Shocks and the Demand for Trade Protection: Evidence from Online Surveys
w25680 Takeo Hoshi
Kozo Kiyota

Potential for Inward Foreign Direct Investment in Japan
w25678 Jonathan I. Dingel
Antonio Miscio
Donald R. Davis

Cities, Lights, and Skills in Developing Economies
w25672 Mary Amiti
Stephen J. Redding
David Weinstein

The Impact of the 2018 Trade War on U.S. Prices and Welfare
w25646 Katherine Eriksson
Katheryn Russ
Jay C. Shambaugh
Minfei Xu

Trade Shocks and the Shifting Landscape of U.S. Manufacturing
w25638 Pablo D. Fajgelbaum
Pinelopi K. Goldberg
Patrick J. Kennedy
Amit K. Khandelwal

The Return to Protectionism
w25614 Keith Head
Thierry Mayer

Misfits in the Car Industry: Offshore Assembly Decisions at the Variety Level
w25613 Katheryn N. Russ
Deborah L. Swenson

Trade Diversion and Trade Deficits: The Case of the Korea-U.S. Free Trade Agreement
w25612 Tito Boeri
Andrea Ichino
Enrico Moretti
Johanna Posch

Wage Equalization and Regional Misallocation: Evidence from Italian and German Provinces
w25611 Haichao Fan
Yao Amber Li
Sichuang Xu
Stephen R. Yeaple

Quality, Variable Markups, and Welfare: A Quantitative General Equilibrium Analysis of Export Prices
w25606 Isaac Baley
Laura Veldkamp
Michael E. Waugh

Might Global Uncertainty Promote International Trade?
w25549 Marlene Amstad
Zhiguo He

Chinese Bond Market and Interbank Market
w25544 Rodrigo Adão
Costas Arkolakis
Federico Esposito

General Equilibrium Effects in Space: Theory and Measurement
w25539 Cheng Chen
Claudia Steinwender

Import Competition, Heterogeneous Preferences of Managers, and Productivity
w25516 Daniel G. Garrett
Juan Carlos Suárez Serrato

How Elastic is the Demand for Tax Havens? Evidence from the US Possessions Corporations Tax Credit
w25487 Treb Allen
Costas Arkolakis

The Welfare Effects of Transportation Infrastructure Improvements
w25475 Ann Harrison
Marshall Meyer
Peichun Wang
Linda Zhao
Minyuan Zhao

Can a Tiger Change Its Stripes? Reform of Chinese State-Owned Enterprises in the Penumbra of the State
w25471 David Atkin
Amit Khandelwal
Adam Osman

Measuring Productivity: Lessons from Tailored Surveys and Productivity Benchmarking
w25469 Emmanuel Farhi
Matteo Maggiori

China vs. U.S.: IMS Meets IPS
w25464 Stephen J. Redding
David E. Weinstein

Aggregation and the Gravity Equation
w25447 Jonathan I. Dingel
Kyle C. Meng
Solomon M. Hsiang

Spatial Correlation, Trade, and Inequality: Evidence from the Global Climate
w25441 Andrew B. Bernard
Emmanuel Dhyne
Glenn Magerman
Kalina Manova
Andreas Moxnes

The Origins of Firm Heterogeneity: A Production Network Approach
w25439 Andrew K. Rose
Agent Orange: Trump, Soft Power, and Exports

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