This paper unpacks the role of the domestic content of imports as a novel source of policy interdependence along the global supply chain. We show how a rise in local contents embodied in imports can skew national trade policy preferences, and pull upstream and downstream countries in asymmetric...

Did trade integration suppress inflation in the United States? Conventional wisdom says “yes,” based on the disinflationary supply-side impacts of trade. We argue that these supply-side arguments are incomplete, because trade integration also influences aggregate demand. Our analysis...

In order to mitigate climate change, new solutions are being sought by energy companies to reduce CO2 emissions from offshore production facilities. Carbon Capture and Storage (CCS) may be a technically and economically viable alternative option compared to electrification of offshore facilities...

Offshore CO2 storage is expected to play key role in Carbon capture, transport, and storage (CCS) in regions like Europe. Several transport strategies can be considered in order to connect coastal emission hubs to these storages (pipeline, shipping, hydrid, etc.). In the present work, we seek to...

This paper examines the role of offshoring in the flattening out of female to male hours ratio in the US since early 1990s. The leveling off coincides with the rise in service offshoring and the fall in the share of occupations with high offshoring potential in female hours worked. I propose a...

Immigrants and offshore workers become important disturbing factors of domestic employment in the globalized economy. In this study we build a model with this feature to test how the three groups of workers in the labor force interact using a panel data of 155 countries over the period...

China has been promoting the internationalization of the RMB for two decades now, and as a result, its offshore foreign exchange market has been substantially revitalized, even though China’s capital market remains partially open. The movements of offshore exchange rates can provide crucial...