This paper provides a direct test of how fixed export costs and productivity jointly determine firm-level export behavior. Using Chilean data, we construct indices of fixed export costs for each industry-region-year triplet and match them to domestic firms. Our empirical results show that firms...

This paper tests whether trade in new goods is partially responsible for the pro-trade effects of the euro and provides a measure of the size of the effect. It works with a very large data set (about 16 million observations) covering twenty countries at the most disaggregated level of trade data...

Standards and technical regulations set in importing countries have become a rising concern to exporters, especially to those in developing countries. This paper examines the importance of various types of standards in developing-country firms' export decisions. Drawn from the World Bank...

Grain supply is the joint effect of both area and yield; however, research often targets either one or the other. The research presented here estimates the complete supply elasticity of grains using novel approaches to approximate producers’ price and weather expectations on both yield and...

Grain supply is the joint effect of both area and yield; however, research often targets either one or the other. The research presented here estimates the complete supply elasticity of grains using novel approaches to approximate producers’ price and weather expectations on both yield and...

Using the methodology developed in Kehoe and Ruhl (2013), I measure the change in the extensive, or new goods, margin of trade between Austria and the ten new entrants to the European Union in 2004. On average, the new goods account for 42% of the bilateral trade flow after enlargement. A time...

Do men and women behave differently while adjusting labor supply over the business cycle? Using data for the United States we show that women are signifi�cantly more likely to adjust along the intensive margin (number of hours), while men adjust more often along the extensive margin...

We argue that financial frictions and financial shocks can be an important factor behind the slow recoveries from the three most recent recessions. To illustrate this point, we augment a simple RBC model with a collateral constraint whose tightness is randomly disturbed by a shock that...