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Author: Zhuokai Huang
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How have aggregate income and welfare in the United States been affected by globalization and rapid productivity growth in emerging economies? We use the class of constant elasticity trade models to provide quantitative ...Read more...
Zhuokai Huang, Benny Kleinman, Ernest Liu and Stephen J. Redding
19 May 2026
History provides many examples of large changes in the relative economic size of nations. This column examines the impact of rapid economic growth in emerging economies on the income and welfare of other nations and the ...Read more...
4 January 2026
How has aggregate income and welfare in the United States been affected by globalization and rapid productivity growth in emerging economies? We use the class of constant elasticity trade models to provide quantitative e...Read more...
27 November 2025