Research

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Title
Author(s)
Year
Gene Grossman
2016
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project ...
Gene Grossman
2015
Paul Romer (1986, 1990) ve Robert Lucas (1988)’in makaleleri bize; ölçeğe göre artan getirilerin mevcut olduğu bir ekonomik ortamda yatırım gerçekleştiğinde, sermayenin marjinal ürününün iskonto oranına göre zamanla düşmesi gerekmediğini hatırlatmıştır. ...
2015
This paper develops a dynamic two-country neoclassical stochastic growth model with incomplete markets. Short-term credit flows can be excessive and reverse suddenly. The equilibrium outcome is constrained inefficient due to pecuniary externalities. First ...
Gene Grossman
2015
We study patterns of foreign direct investment (FDI) in a multi-country world economy. We develop a model featuring non-homothetic preferences for quality and monopolistic competition in which specialization is purely demand-driven and the decision to ...
Carles Boix
2014
We reassess the literature of growth by looking at the evolution of the European economy from around 1200 to 1900. Employing a comprehensive dataset for the European continent that includes geographic and climate features (1200-1800), urbanization data ...
Oleg Itskhoki
Stephen Redding
2013
Oleg Itskhoki Stephen Redding May, 2013 With Anders Akerman, Elhanan Helpman, and Marc-Andreas Muendler; American Economic Review, Vol. 103, Issue 3 Employment Labor Microeconomics Trade Economics and Finance itskhoki_redding_sources_of_wage_inequality ...
Oleg Itskhoki
Stephen Redding
2013
This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market frictions, and foreign trade. This framework emphasizes firm heterogeneity and search and matching frictions in labor markets. It implies ...
Esteban Rossi-Hansberg
2012
A firm's productivity depends on how production is organized. To understand this relationship we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce. Entrepreneurs decide the number of layers of ...
Esteban Rossi-Hansberg
2010
We study a world with national external economies of scale at the industry level. In contrast to the standard treatment with perfect competition and two industries, we assume Bertrand competition in a continuum of industries. With Bertrand competition, ...
Esteban Rossi-Hansberg
2009
We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modeling of the organizational aspects of production provides valuable insights on the aggregate workings of the world economy ...
Gene Grossman
Esteban Rossi-Hansberg
2008
We propose a theory of the global production process that focuses on tradeable tasks, and use it to study how falling costs of offshoring affect factor prices in the source country. We identify a productivity effect of task trade that benefits the factor ...
Esteban Rossi-Hansberg
2006
We study the prediction of the theory in Rossi-Hansberg [Rossi-Hansberg E (2005) Am Econ Rev 95(5):1464-1491] that, under quite general circumstances, lower transport costs increase specialization of regions or countries and decrease (regional) ...
Esteban Rossi-Hansberg
2006
The evidence for the United States for the period from 1997 to 2004 suggests that the combined productivity and labor-supply effect on low-skill wages has been positive and responsible for raising these wages by about a quarter of a percent per year. It ...
Esteban Rossi-Hansberg
2006
How does the formation of cross-country teams affect the organization of work and the structure of wages? To study this question, we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents specialize ...
Esteban Rossi-Hansberg
2005
The equilibrium relationship between trade and the spatial distribution of economic activity is fundamental to the analysis of national and regional trade patterns, as well as to the effect of trade frictions. We study this relationship using a trade ...