Current Appointments & Affiliations
Professor of Economy of Duke Kunshan University
·
2025 - Present
DKU Faculty
Recent Publications
Global imbalances revisited: The transfer problem and transport costs in monopolistic competition
Journal Article Journal of International Economics · September 1, 2017 We study the welfare effects of trade imbalances in a two-sector model of monopolistic competition. As in perfect competition, a trade surplus involves an income transfer to the deficit country and possibly a terms-of-trade deterioration. Unlike the conven ... Full text CiteMonopolistic competition: CES redux?
Journal Article Journal of International Economics · January 1, 2014 We study the competitive and reallocation effects of trade opening in monopolistic competition. To this purpose, we generalize the Melitz (2003) setup with heterogeneous firms and fixed and variable trade costs beyond the CES to the case of additively sepa ... Full text CiteTrade imbalances, export structure and wage inequality
Journal Article Economic Journal · January 1, 2014 We study, both theoretically and empirically, how trade imbalances affect the structure of countries' exports and wage inequality. We show that, in a Heckscher-Ohlin model with a continuum of goods, a Southern (Northern) trade surplus leads to an increase ... Full text CiteEducation, Training & Certifications
University of Ancona ·
1998
Ph.D.