I build a model of trade and technology diffusion. The novelty of the model is to separate technology into two different pieces: the technology itself, and the implementation of this technology by a worker. Technological mismatch occurs when an idea is developed in a country but implemented in...

I build a model of international trade with liquidity constraints. If firms must pay some entry cost in order to access foreign markets, and if they face liquidity constraints to finance these costs, only those firms that have sufficient liquidity are able to export. A set of firms could...

We introduce Armington's (1969) notion of "origin differentiation" into a micro-founded model of pricing to market and examine how this affects the joint dynamics of prices and quantities in an international real business cycle framework. We find that the model, when calibrated using parameters...

In this paper, we examine the extent to which market structure and the way in which it affects pricing decisions of profit-maximizing firms can explain incomplete exchange rate pass- through. To this purpose, we evaluate how pass-through rates vary across trade partners and sectors depending on...