Results

Journal article

Management Science:

Cultural Homophily and Collaboration in Superstar Teams

One may reasonably think that cultural homophily, defined as the tendency to associate with others of similar culture, affects collaboration in multinational teams in general but not in superstar teams of professionals a...Read more...

Journal article

Annual Review of Economics:

Industrial Policy and the Great Divergence

We discuss recent work evaluating the role of the government in shaping the economy during the long nineteenth century, a practice we refer to as industrial policy. States deployed a vast variety of different policies ai...Read more...

Journal article

Journal of Cleaner Production:

The interplay between innovation, standards and regulation in a globalising economy

To examine the different roles of regulation and standards in the age of globalisation, we hypothesize and investigate the relation of regulation and national and international standards on the one hand with innovation i...Read more...

Chapter

Income inequality before, during, and after the transition in central and eastern Europe

in The Oxford Handbook of Post-Socialist Economies

This chapter explores the income inequality in Central and Eastern Europe before, during, and after the transition. It argues that the fall of communism and the transition to a market economy in Eastern Europe were landm...Read more...

CEP discussion paper

The social footprint of globalization: Towards the introduction of strategic industries in quantitative trade models

We argue that our understanding of industrial policy in the presence of 'strategic' industries that exert positive externalities on the national economy may benefit from an extension of quantitative general equilibrium t...Read more...

CEP discussion paper

Industrial policy and the great divergence

We discuss recent work evaluating the role of the government in shaping the economy during the long 19th century, a practice we refer to as industrial policy. We show that states deployed a vast variety of different poli...Read more...

CEP discussion paper

Multinationals, robots and the labor share

Using a panel of Spanish manufacturing firms covering the 1990-2017 period, this paper shows that firms acquired by multinational enterprises experience a reduction in the labor share. Acquisitions drive significant chan...Read more...

CEP discussion paper

Cultural homophily and collaboration in superstar teams

One may reasonably think that cultural preferences affect collaboration in multinational teams in general, but not in superstar teams of professionals at the top of their industry. We reject this hypothesis by creating a...Read more...

Journal article

Annual Review of Economics :

Risks and global supply chains: what we know and what we need to know

Recent supply disruptions catapulted the issue of risk in global supply chains (GSCs) to the top of policy agendas and created the impression that shortages would have been less severe if GSCs had been either shorter and...Read more...

Journal article

Economics Letters:

Gravity model estimates of the spatial determinants of trade, migration, and trade-and-migration policies

Using a gravity model, we explore the effects of distance and borders on trade, migration, and trade-and-migration policies and document three key differences between trade and migration patterns in otherwise equivalent ...Read more...

Journal article

Environmental Research Letters:

Saving the world from your couch: The heterogeneous medium-run benefits of COVID-19 lockdowns on air pollution

In Spring 2020, COVID-19 led to an unprecedented halt in public and economic life across the globe. In an otherwise tragic time, this provides a unique natural experiment to investigate the environmental impact of such a...Read more...

CentrePiece article

Globalisation and pandemics: surprising interactions

Pandemics are only possible because of international travel. But perhaps surprisingly, in the absence of social distancing, a more globalised country will not necessarily suffer a worse outbreak. Pol Antràs, Stephen Redd...Read more...

CEP discussion paper

Globalization and pandemics

We develop a model of human interaction to analyze the relationship between globalization and pandemics. Our framework provides joint microfoundations for the gravity equation for international trade and the Susceptible-...Read more...

CentrePiece article

When innovation policy trumped protectionism: the Reagan years

Giammario Impullitti and colleagues show that it was the Reagan administration's innovation policy - not a retreat from globalisation - that promoted US growth....Read more...

CEP discussion paper

Innovation and trade policy in a globalized world

How do import tariffs and R&D subsidies help domestic firms compete globally? How do these policies affect aggregate growth and economic welfare? To answer these questions we build a dynamic general equilibrium growth mo...Read more...

Journal article

Journal of Political Economy Macroeconomics :

Innovation and Trade Policy in a Globalized World

How do import tariffs and R&D subsidies help domestic firms compete globally? How do these policies affect aggregate growth and economic welfare? To answer these questions, we build a dynamic general equilibrium growth m...Read more...

Journal article

Journal of International Economics:

Working across time zones: Exporters and the gender wage gap

This study argues that there is a systematic difference in the gender wage gap (GWG) between exporting firms and non-exporters. Exporters may require greater commitment from their employees, such as working particular ho...Read more...

CentrePiece article

Brexit: the economics of international disintegration

Pro-Brexit rhetoric mixes up two distinct interpretations of what made people vote to Leave the European Union – and they have very different policy implications. As Thomas Sampson explains, those voters wanting to recla...Read more...

Journal article

Journal of Economic Perspectives:

Brexit: the economics of international disintegration

On June 23, 2016, the United Kingdom held a referendum on its membership in the European Union. Although most of Britain's establishment backed remaining in the European Union, 52 percent of voters disagreed and handed a...Read more...

CEP report

Brexit and the future of globalisation?

Alongside the victory of Donald Trump in the 2016 US elections, Britain’s vote to leave the European Union (“Brexit”) in June 2016 reflects a global upsurge in populism. I find that under all plausible scenarios Brexit ...Read more...

CEP discussion paper

Brexit: the economics of international disintegration

This paper reviews the literature on the likely economic consequences of Brexit and considers the lessons of the Brexit vote for the future of European and global integration. Brexit will make the United Kingdom poorer b...Read more...

CEP discussion paper

Globalization: a woman's best friend? Exporters and the gender wage gap

While the impact of globalization on income inequality has received a lot of attention, little is known about its effect on the gender wage gap (GWG). This study argues that there is a systematic difference in the GWG be...Read more...

CEP discussion paper

Explaining Job Polarization in Europe: The Roles of Technology, Globalization and Institutions

This paper shows the employment structure of 16 European countries has been polarizing in recent years with the employment shares of managers, professionals and low-paid personal services workers increasing at the expens...Read more...

CEP discussion paper

What if Congress Doubled R&D Spending on the Physical Sciences?

Many business, academic, and scientific groups have recommended that the Congress substantially increase R&D spending in the near future. President Bush’s American Competitiveness Initiative calls for a doubling of spend...Read more...

CEE/Education and skills discussion paper

The Convergence of Compulsory Schooling in Western Europe: 1950-2000

This paper examines the expansion of compulsory schooling in fifteen Western European countries over the period 1950-2000. We show that a convergence process of mandatory years of schooling has occurred across these coun...Read more...

CEP discussion paper

Globalization in History: A Geographical Perspective

This paper argues that a geographical perspectie is fundamental to understanding comparative economic development in the context of globalization. Central to this view is the role of agglomeration in productivity perform...Read more...