Countries that are more engaged in production sharing exhibit higher bilateral manufacturing output correlations. We use data on trade flows between US multinationals and their affiliates as well as trade between the United States and Mexican maquiladoras to measure production-sharing trade and...

This paper presents a model and an automated methodology for decomposing congestion costs in cities. We model a city as a directed graph and define the planner's problem of finding the subgraph minimizing the congestion costs (latency) of endogenously-routing traffic flowing through the...

Is skill dispersion a source of comparative advantage? While it is established that a country's aggregate endowment of human capital is an important determinant of comparative advantage, this paper investigates whether the distribution of skills in the labor force can play a role in the...