We construct a model of offshoring with externalities and firm heterogeneity. Due to the presence of externalities …, temporary shocks like the Y2K problem can have permanent effects, i.e., they can permanently raise the extent of offshoring in … an industry. Also, the initial advantage of a country as a potential host for outsourcing activities can create a lock in …

international statistical guidelines, profit shifting causes part of U.S. production generated by multinationals to be excluded from …

We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … with the measurement of offshoring, focusing on the use of imported inputs that could have been produced by the importing … firm. We overview key theories related to offshoring and its labor market effects and survey three waves of the literature …

This paper studies price and quality differences across international intermediate input suppliers. We develop price …

Can a country gain international competitiveness by the design of optimal monetary stabilization rules? This paper … exports. The welfare gains from international policy coordination are large relative to the case of self-oriented, strategic …