Fixed transaction costs and delivery lags are important costs of international trade. These costs lead firms to import …)-type inventory management problem successfully accounts for these features of the data. Moreover, the model can account for import … and import price dynamics in the aftermath of large devaluations. In particular, desired inventory adjustment in response …

This paper examines the microstructure of import markets and the division of the gains from trade among consumers …, quantities and exporter-importer matches in Colombian import markets before and after the US-Colombia free trade agreement. US … exported and reduce the number of import partners …

interest. For example, IV methods have been used to show that import exposure to low-wage countries has adversely affected … Western labor markets. Similarly, they have been used to show that import exposure has increased voter polarization. However … framework, we estimate that labor market adjustments explain most to all of the effect of import exposure on voting, thereby …

through the input-output network, with a pattern broadly consistent with theory. Quantitatively, the network-based propagation …