As U.S. borrowing from abroad grew (the trade balance becomes more negative) employment in the tradable goods sector shrunk. Did foreign lending (and the imports that accompanied it) kill employment in manufacturing? Will manufacturing employment return when the U.S. stops borrowing from the rest of the world? We study these questions in "Global Imbalances and Structural Change in the United State".
I am an associate professor of economics at Pennsylvania State University. My research focuses on international economics, models of firm heterogeneity, and national income accounting (Google Scholar // IDEAS). I hold a B.S. in Economics from Bowling Green State University and a Ph.D. in Economics from the University of Minnesota.
I am also a special sworn employee of the Bureau of Economic Analysis, where I study the ways that multinational firms produce and sell goods and services around the world.
I organize the Atlanta FRB workshop with Federico Mandelman and Vivian Yue (2016 / 2015 / 2014 / 2013 / 2012). Veronica Rappaport and I are the co-chairs of the program committee for the 2017 Society of Economic Dynamics annual meeting.