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Do falling iceberg costs explain recent U.S. export growth?

Alessandria, George; Choi, Horag - Federal Reserve Bank of Philadelphia - 2010

Superseded by Working Paper 12-20 ; The authors study the rise in U.S. manufacturing exports from 1987 to 2002 through … the model to calculate the predicted increase in trade. Contrary to the findings in Yi (2003), they find that the exports …

Persistent link: https://www.econbiz.de/10008616947

Aggregate employment growth and the deconcentration of metropolitan employment

Chatterjee, Satyajit; Carlino, Gerald - Federal Reserve Bank of Philadelphia - 1998

In this paper, the authors document that the disparity in employment densities across U.S. metropolitan areas has lessened substantially over the postwar period. To account for this deconcentration of metropolitan employment, the authors develop a system-of-cities model in which an increase in...

Persistent link: https://www.econbiz.de/10005512379

Postwar trends in metropolitan employment growth: decentralization and deconcentration

Carlino, Gerald; Chatterjee, Satyajit - Federal Reserve Bank of Philadelphia - 1999

A key finding to emerge from this study is that the widely studied suburbanization or decentralization of employment and population is only part of the story of postwar urban evolution. Another important part of the story is a postwar trend of relatively faster growth of jobs and people in the...

Persistent link: https://www.econbiz.de/10005387456

Agglomeration economies and technical change in urban manufacturing

Calem, Paul S.; Carlino, Gerald A. - Federal Reserve Bank of Philadelphia - 1988

Persistent link: https://www.econbiz.de/10005389563

Why is manufacturing trade rising even as manufacturing output is falling?

Bergoeing, Raphael; Kehoe, Timothy J.; Strauss-Kahn, Vanessa - Federal Reserve Bank of Philadelphia - 2004

Persistent link: https://www.econbiz.de/10005389736

Do technological improvements in the manufacturing sector raise or lower employment?

Chang, Yongsung; Hong, Jay H. - Federal Reserve Bank of Philadelphia - 2005

We find that technology's effect on employment varies greatly across manufacturing industries. Some industries exhibit a temporary reduction in employment in response to a permanent increase in TFP, whereas far more industries exhibit an employment increase in response to a permanent TFP shock....

Persistent link: https://www.econbiz.de/10005512284

How important is the currency denomination of exports in open-economy models?

Dotsey, Michael; Duarte, Margarida - Federal Reserve Bank of Philadelphia - 2009

exports for the properties of open-economy models. …

Persistent link: https://www.econbiz.de/10008627177

Establishment heterogeneity, exporter dynamics, and the effects of trade liberalization

Alessandria, George; Choi, Horag - Federal Reserve Bank of Philadelphia - 2007

The authors study a variation of the Melitz (2003) model, a monopolistically competitive model with heterogeneity in productivity across establishments and fixed costs of exporting. They calibrate the model to match the employment size distribution of US manufacturing establishments. Export...

Persistent link: https://www.econbiz.de/10005717363

Economies of scale and the size of exporters

Armenter, Roc; Koren, Miklos - Federal Reserve Bank of Philadelphia - 2009

Exporters are few-less than one-fifth among U.S. manufacturing firms-and are larger than non-exporting firms-about 4-5 times more total sales per firm. These facts are often cited as support for models with economies of scale and firm heterogeneity as in Melitz (2003). The authors find that the...

Persistent link: https://www.econbiz.de/10004976678

Export dynamics in large devaluations

Alessandria, George; Pratap, Sangeeta; Yue, Vivian - Federal Reserve Bank of Philadelphia - 2013

document two main features of exports that are puzzling for standard trade models. First, given the change in relative prices …, exports tend to grow gradually following a devaluation. Second, high interest rates tend to suppress exports. To address these … features giving rise to sluggish exports lead to more gradual net export reversals, sharper contractions and recoveries in …

Persistent link: https://www.econbiz.de/10010687014