Superseded by Working Paper 12-20 ; The authors study the rise in U.S. manufacturing exports from 1987 to 2002 through the lens of a monopolistically competitive model with heterogeneous producers and sunk costs of exporting. Using the model, they infer that iceberg costs fell nearly 27 percent...

Remarks at the State University of New York at New Paltz, New Paltz, New York.

Remarks at the Dutchess County Regional Chamber of Commerce, Fishkill, New York.

The impact of trade reforms on economic performance in ten Latin American countries is examined using a panel data set of 17 annual observations. Each country is classified as 'reformed' or 'unreformed' in a given year, and the model tests whether reform improves performance across various...

Remarks at the Dutchess County Regional Chamber of Commerce, Fishkill, New York.

Remarks at the State University of New York at New Paltz, New Paltz, New York.