1 Introduction -- 2 An Overview of Pandemics -- 3 The Spanish Flu in the News -- 4 Unequal Mortality during the Spanish Flu -- 5 The Spanish Flu and the Labor Market -- 6 The Spanish Flu and the Housing Market -- 7 Taking Stock: The Aggregate Effects of the Spanish Flu.

In the last decade the United States experienced the burst of the Dot-Com and the Housing Bubbles. I develop a model to study the relationship between globalization and the emergence of rational bubbles. I also analyze how the effect of globalization on house prices depends on the type of...

I develop a model to study how financial institution differences across countries affect the offshoring decision of Northern firms and whether a product cycle arises when the only comparative advantage of Northern suppliers is their access to better financial institutions. A Northern final-good...

We develop a model for analyzing the distributional effects of two globalizations and their interdependence. We distinguish between two trade cost reductions, (i) trade liberalizations in the 1980s, which increased trade in low-skill-intensive goods (denoted L-globalization) and (ii) reductions...