for technology diffusion, how this changed over time, and whether international trade, foreign direct investment, and … spillovers favor convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of … from the early 1970s to the 1990s. Third, I estimate that trade patterns account for the majority of all differences in …

allocation of resources across developed countries at the business cycle frequency. Here we discuss how evidence on international … quantity comovement, exchange rates, asset prices, and international portfolio holdings can be used to assess efficiency …

In this paper, we empirically assess the causal links between trade and individual income risk and study the role that …-industry changes in imports and exports are causally related to income risk: Imports increase risk and exports decrease risk, and they … and the linkage between trade and risk: While, on average, individuals with higher levels of industry- or occupation …

execution and the risk is a result of price movements during a more gradual trading. The paper shows that the trade-off between …

Almost Ideal gravity associates zero trade flows with variable and fixed trade cost variation in a flexible demand … system. Latent trade shares between non-partners are inferred from the Tobit estimator applied to trade among 75 countries … and 25 sectors in 2006. Latent Trade Bias (LTB) is the difference between the latent trade share and the as …

This paper uses international trade data to examine the effects of climate shocks on economic activity. We examine … panel models relating the annual growth rate of a country's exports in a particular product category to the country … that country's exports by between 2.0 and 5.7 percentage points, with no detectable effects in rich countries. We find …