Can anti-dumping tariffs increase employment? To answer this question we compile data on all anti-dumping (AD) investigations in Brazil, which we match to firm-level administrative employment information. Using difference-in-differences, we estimate the effect of AD tariffs on trade, the protected national suppliers, and the sectors linked to these suppliers.

This paper links the supply of investment goods with the use of capital services in a model of global production. By lowering prices of imported investment goods, trade liberalization lowers costs for producers that use capital services.

As a response to economic crises triggered by COVID-19, sovereign debt standstill proposals emphasize debt payment suspensions without haircuts on the face value of debt obligations. We quantify the effects of standstills using a standard default model.

We combine spatial economics and intergenerational career choice into a multisector, multi-occupational and multiregional general equilibrium model to study the quantitative impact of education reform, trade and immigration on occupational mobility and inequality.

How are firms’ relative size and market power related? Using merged micro-data about producers and consumers, we show that a firm’s relative size is mainly related to its number of customers, while its market power is associated only with average sales per customer.

The impact of multinational affiliates on host country workers and plants depends on the structure of the labor market. We use matched employer-employee data for Norway to show that the labor market is characterized by a job ladder, and that multinationals are located on the upper rungs of this ladder.

We study the relationship between international trade and development in a model where countries differ in their capability, goods differ in their complexity, and capability growth is a function of a country’s pattern of specialization.

How much do changes in the fragmentation of production contribute to growth? Using detailed plant-level data on the manufacturing sector in India between 1990 and 2014, we study a version of Smithian growth, the link between greater fragmentation of supply chains and productivity.

We develop a generalization of the BGP concept that we call a Stable Transformation Path (STraP). The STraP characterizes the medium-term dynamics of the economy in a turnpike sense; it is the non-stationary path toward which the economy (quickly) converges from an arbitrary initial capital stock.

Developing countries typically integrate into the world economy by first opening up to trade and then later, if at all, by integrating their capital markets. I study the effects of postponing the opening of capital markets in a standard trade model with financial frictions and firm dynamics.

We provide the first direct estimates of distribution expenses incurred by manufacturing plants and assess their importance for aggregate output.

Institutions affect the organization of global value chains. I analyze the organizational choices of heterogeneous firms in a model of incomplete contracts and uncertainty about foreign institutions.

This paper provides evidence on the consumption effects of trade shocks by exploiting changes in US and Chinese trade policy between 2017 and 2018.

Following a sudden stop, real exchange rates can adjust through a nominal exchange rate depreciation, lower domestic prices, or a combination of both. This paper makes three contributions to understand how the type of adjustment shapes the response of macroeconomic variables, in particular productivity, to such an episode.

This paper studies the spatial implications of structural change.

Bilateral trade imbalances are determined by aggregate trade imbalances, production and expenditure patterns, and trade barriers. We calibrate a dynamic many-sector trade model to match the recent sectoral trade and production shares of 40 economies and the rest of the world.

We study the role of financial development on the aggregate and welfare implications of reducing trade barriers on imports of physical capital and intermediate inputs.

We construct a new micro-dataset of U.S. export transactions at the plant level by mapping confidential firm-level exports to their underlying establishments.

We use a detailed micro dataset on product availability to construct a direct high frequency measure of consumer product shortages during the 2020–21 pandemic.

Firms’ R&D activities increasingly rely on foreign inputs in the form of immigrant researchers and imported R&D services. This paper studies firms’ decision on using foreign inputs in R&D and its implication on firm performance and aggregate productivity.

This paper examines the structure of the shipping network and its implications on global trade and welfare.

How do the choices of individual firms contribute to the dominance of a currency in global trade?

We develop a dynamic spatial general equilibrium model with forward-looking investment and migration decisions.

Climate change is expected to significantly affect the planet, but the ultimate economic impact depends on the structure of the economy and the extent to which markets can adapt to changes in local climatic conditions. Here we develop a dynamic-spatial multi-industry climate-economy model with several novel forms of heterogeneity.

Containerization did not reduce ocean transportation costs until well after its adoption. Using a previously unused measures of U.S. import freight costs, I show that freight rates did not decline when containers were adopted.