Vorwort 3 I. Einleitung 5 II. Ost-West-Handel 8 a. Entwicklung 8 b. Aussichten für die nähere Zukunft 12 c. Der Handel mit China 14 d. Der sowjetische Ferne Osten 15 e. Komparative Vorteile im Ost-West-Süd-Handel . . 16 f. Gewinne aus dem Handel 17 III. Technologietransfer 20 IV. Die...

Die vorliegende kurze Studie zielt darauf ab, die Erfahrungen Japans, Westeuropas und Nordamerikas mit flexiblen Wechselkursen darzustellen und zu untersuchen, wie effizient das System flexibler Kurse im Hinblick auf die wirtschaftspolitischen Ziele gewesen ist. Der Aufbau dieser Studie ist wie...

We study the effect of Artificial Intelligence (AI) on employment across US commuting zones over the period 2000-2020. A simple model shows that AI can automate jobs or complement workers, and illustrates how to estimate its effect by exploiting variation in a novel measure of local exposure to...

Does economic uncertainty promote the implementation of structural reforms? We answer this question using one of the most exhaustive cross-country panel data sets on reforms in six major areas and measuring economic uncertainty with stock market volatility. To identify causality, we exploit...

I study the effects of service offshoring on white-collar employment, using highly disaggregated occupational data for the U.S.. I present a structural model of the firm's behavior that allows tractable derivation of labor demand elasticities for highly detailed occupations. I estimate the model...

We study the effect of import competition on workers’ mental distress. To this purpose, we source information on the mental health of British workers from the British Household Panel Survey, and combine it with measures of import competition in more than 100 industries over 2001-2007. We find...

We study the equilibrium determinants of firm-level heterogeneity in a model in which firms can affect the variance of their productivity draws at the entry stage and explore the implications in closed and open economy. By allowing firms to choose the size of their investment in innovation...

We study how financial frictions affect firm-level heterogeneity and trade. We build a model where productivity differences across monopolistically competitive firms are endogenous and depend on investment decisions at the entry stage. By increasing entry costs, financial frictions lower the...

We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries. market shares into the contribution of the number of firm-products, their average...