Results

Journal article

Journal of International Economics:

Sequentially exporting products across countries

Exploiting disaggregated data on French exporters, we show that firms expand their product scope and geographical presence sequentially. This process of internationalization is uneven over time, exhibiting more volatilit...Read more...

CEP discussion paper

Sequential exporting across countries and products

How do exporters expand their product scope and geographical presence? We argue that new exporters are uncertain about their profitability in different countries and products, but learn it as they start to export. As a c...Read more...

Journal article

The Quarterly Journal of Economics:

The benefits of forced experimentation: striking evidence from the London underground network

We present evidence that a significant fraction of commuters on the London Underground do not travel on their optimal route. We show that a strike on the Underground, which forced many commuters to experiment with new ro...Read more...

CentrePiece article

The upside of London Tube strikes

In February 2014, strikes by staff on London's underground network enabled a sizeable fraction of commuters to find better routes, according to research by Shaun Larcom, Ferdinand Rauch and Tim Willems. Many commuters w...Read more...

CEP discussion paper

The benefits of forced experimentation: striking evidence from the London Underground network

We estimate that a significant fraction of commuters on the London underground do not travel their optimal route. Consequently, a tube strike (which forced many commuters to experiment with new routes) taught commuters a...Read more...

CEP discussion paper

Sequential Exporting

Firms need to incur substantial sunk costs to break in foreign markets, yet many give up exporting shortly after their first experience, which typically involves very small sales. Conversely, other new exporters shoot up...Read more...