Journal ArticleQ J Econ · January 2, 2023
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We argue that modeling trade imbalances is crucial for understanding transitional dynamics in response to globalization shocks. We build and estimate a general equilibrium, multicountry, multisector model of trade with two key ingredients: (i) endogenous t ...
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Journal ArticleJournal of Monetary Economics · January 1, 2023
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What is the role of trade imbalances for the distributional consequences of globalization? We answer this question through the lens of a quantitative, general equilibrium, multi-country, multi-sector model of trade with four key ingredients: (a) workers wi ...
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Journal ArticleJournal of International Economics · March 1, 2019
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We use both longitudinal administrative data and cross-sectional household survey data to study the margins of labor market adjustment following Brazil's early 1990s trade liberalization. We document how workers and regional labor markets adjust to trade-i ...
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Journal ArticleAmerican Economic Journal: Applied Economics · October 1, 2018
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This paper studies the effect of changes in economic conditions on crime. We exploit the 1990s trade liberalization in Brazil as a natural experiment generating exogenous shocks to local economies. We document that regions exposed to larger tariff reductio ...
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Journal ArticleAmerican Economic Journal: Economic Policy · May 1, 2013
This paper studies the effect of exchange rate shocks on export behavior of multi-product firms. We provide a theoretical framework illustrating how firms adjust their prices, quantities, product scope, and sales distribution across products in the event o ...
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Journal ArticleWorld Bank Economic Review · January 1, 2012
The returns to schooling and the skill premium are key parameters in various fields and policy debates, including the literatures on globalization and inequality, international migration, and technological change. This paper explores the skill premium and ...
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Journal ArticleIEEE Transactions on Power Systems · May 1, 2006
This paper presents a mixed integer linear programming solution approach for the equilibrium problem with equilibrium constraints (EPEC) problem of finding the Nash equilibrium (NE) in strategic bidding in short-term electricity markets. A binary expansion ...
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Journal ArticleIEEE Transactions on Power Systems · February 1, 2005
This work presents a binary expansion (BE) solution approach to the problem of strategic bidding under uncertainty in short-term electricity markets. The BE scheme is used to transform the products of variables in the nonlinear bidding problem into a mixed ...
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Other
This paper studies trade-induced transitional dynamics by estimating a structural
dynamic equilibrium model of the labor market. The model features a multi-sector
economy with overlapping generations, heterogeneous workers, endogenous accumulation
of secto ...
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