This paper studies how international trade influences U.S. presidential elections. We expect the positive employment … diminish such support. Our national-level models show for the first time that increasing imports are associated with decreasing … workers with increasing trade exposure. Thus there is an Electoral College incentive to protect this sector …

A large and growing share of international trade is carried on airplanes. Air cargo is many times more expensive than …. We use US imports data that provide rich variation in the premium paid for air shipping and in time lags for ocean …-sensitive trade flows are those involving parts and components trade. These results suggest a link between sharp declines in the price …

We study unanticipated tariffs on imports of intermediate goods in a setting with firm-to-firm supply relationships … prices with those that pass a reservation level of match productivity. Global supply chains are formed in anticipation of … free trade. Once they are in place, the home government surprises with an input tariff. This can lead to renegotiation with …

forward a model of credit frictions to show that if financial integration exceeds financial deepening, productivity will fall …