Working papers
US-China trade: From the Cold War to the Trade War
A combination of “Trade War and Peace” and “Trade Policy Dynamics”
Slides // Non-technical slides
Trade War and Peace (February 2024)
with G. Alessandria, S. Khan, A. Khederlarian, and J. Steinberg
NBER Working Paper #32150 // The Economist
The Aggregate Impact of Antidumping Policy (April 2014, preliminary)
The International Elasticity Puzzle (March 2008)
Publications
Trade Policy Dynamics (January 2024) // Slides // Repo
with G. Alessandria, S. Khan, A. Khederlarian, and J. Steinberg
The VoxChina version // NBER Working Paper #29122
Accepted, Journal of Political Economy
The Aggregate Effects of Global and Local Supply Chain Disruptions: 2020–2022 // Slides // Repo
with G. Alessandria, S. Khan, A. Khederlarian, and C. Mix // NBER Working Paper #30849
2023: International Seminar on Macroeconomics, Journal of International Economics, 146, 103788.
Firm Entry and Exit and Aggregate Growth (September 2020) // Slides // Repo
with J. Asturias, S. Hur, and T. Kehoe // NBER Working Paper #23202
2023: AEJ: Macroeconomics 15 (1), pp. 48–105.
Offshore Profit Shifting and Aggregate Measurement (January 2022) // Appendix // Slides // Repo
with F. Guvenen, R. Mataloni, and D. Rassier // NBER Working Paper #23324
2022: American Economic Review, 112 (6), pp. 1848–84.
In the context of tax reform: Kevin Hassett // WSJ // Bloomberg
Other: WSJ // WSJ // CNBC // Bloomberg // Equitable Growth Blog
The Vox version // The NBER Digest version // WSJ
Trade Adjustment Dynamics and the Welfare Gains from Trade (February 2021) // Slides // Repo
with G. Alessandria and H. Choi // NBER Working Paper #20663
2021: Journal of International Economics, 131, pp. 1034–58.
Firm Dynamics and Trade (August 2020) // Slides // Appendix // Condensed reading list
with G. Alessandria and C. Arkolakis // NBER Working Paper #27934
2021: Annual Review of Economics, 13 (1), pp. 253–280.
Global Imbalances and Structural Change in the United States // Slides
with T. Kehoe and J. Steinberg // NBER Working Paper #19339
2018: Journal of Political Economy, 126 (1), pp. 761–796.
Related Minneapolis FRB policy paper // A review of this work in The Region
New Exporter Dynamics // Slides
with J. Willis
2017: International Economic Review, 58 (3), pp. 703–725
The Interaction and Sequencing of Policy Reforms // Slides
with J. Asturias, S. Hur, and T. Kehoe // NBER Working Paper #21840
2016: Journal of Economic Dynamics and Control, 72 (1), pp. 45–66
The Opportunity Costs of Entrepreneurs in International Trade
with T. Kehoe and P. Pujolas // NBER Working Paper #22514
2016: Economics Letters, 146 (1), pp 1–3
Intrafirm Trade and Vertical Fragmentation in U.S. Multinational Corporations
with N. Ramondo and V. Rappoport // NBER Working Paper #21472
2016: Journal of International Economics, 99 (1), pp. 51–59
Appendix // The VoxEU version
Using the New Goods Margin to Predict the Industry-level Impact of Trade Reform
with T. Kehoe and J. Rossbach // NBER Working Paper #19692
2015: Journal of International Economics 96 (2), pp. 289–297
How Well is U.S. Intrafirm Trade Measured? // Slides
2015: American Economic Review: Papers and Proceedings 105 (5), pp. 524–529
Long version: An Overview of U.S. Intrafirm-trade Data Sources
Related party trade press releases, 1992-1997
How Important is the New Goods Margin in International Trade? | Slides
with T. Kehoe
2013: Journal of Political Economy 121 (2), pp. 358–392
The Proximity-Concentration Tradeoff under Uncertainty
with N. Ramondo and V. Rappoport
2013: Review of Economic Studies 80 (4), pp. 1582–1621
Trade Dynamics under Policy Uncertainty
2011: American Journal of Agricultural Economics: Papers and Proceedings 93 (2), pp. 450–456
Why Have Economic Reforms in Mexico Not Generated Growth?
with T. Kehoe
2010: Journal of Economic Literature 84 (4), pp. 1005–1027
The VoxEU version // WSJ Real Time Economics // The Atlantic blog
Reprinted as: ¿Por Qué Las Reformas Económicas de México No Han Generado Crecimiento?
2011: El Trimestre Económico 78(3), pp. 491–523.
Sudden Stops, Sectoral Reallocations, and the Real Exchange Rate
with T. Kehoe
2009: Journal of Development Economics 89 (2), pp. 235–249
From Gonzalo Fernandez de Cordoba Martos: lecture notes // programs
Are Shocks to the Terms of Trade Shocks to Productivity?
with T. Kehoe
2005: Review of Economic Dynamics 11 (4), pp. 804–819
A review of this work in The Region.
Recent Great Depressions: Aggregate Growth in New Zealand and Switzerland
with T. Kehoe
2003: New Zealand Economic Papers 37 (1), pp. 5–40
Comments, book chapters, etc.
Multinational Profit Shifting and Measures throughout Economic Accounts
with J. Bruner and D. Rassier // NBER Working Paper #24915
2023: in The Challenges of Globalization in the Measurement of National Accounts.
eds: N. Ahmad, B. Moulton, J.D. Richardson, and P. van de Ven. Vol 81, Studies in Income and Wealth. University
of Chicago Press, pp. 153–205.
Comment on: "The Growth of Multinational Firms in the Great Recession" // Slides
2017: Journal of Monetary Economics (Carnegie-Rochester-NYU), 85, pp. 65–68
Modeling Great Depressions: the Depression in Finland in the 1990s
with J.C. Conesa and T. Kehoe
2007: in Great Depressions of the Twentieth Century.
eds. T.J. Kehoe and E.C. Prescott. Federal Reserve Bank of Minneapolis, pp. 427–475
Is Switzerland in a Great Depression?
with T. Kehoe
2005: Review of Economic Dynamics 8 (3), pp. 759–775