“...This paper studies the link between the education level of workers, export performance and wages. We argue that firms may escape intense competition in...”

“...Recent empirical research finds that pairs of countries with stronger trade linkages tend to have more highly correlated business cycles. We assess whether the...”

“...This paper builds a baseline two-country model of real and monetary transmission in the presence of optimal international price discrimination by firms...”

“...Heterogeneity in size and productivity is central to models that explain which manufacturing firms export. This study presents descriptive evidence on similar...”

“...Why has the macroeconomic impact of foreign aid seemingly been so poor? Is there a relationship between the widespread level of corruption and other types of...”

“...In a model with search generated unemployment and heterogeneity on both sides of the labor market, exporting firms are bigger and pay higher wages than other...”

“...This paper analyzes in detail the mechanisms behind fiscal stabilization policy and the role of policy commitment in a micro-founded New-Keynesian model of a...”

“...Since Friedman [Essays in Positive Economics, University of Chicago Press, Chicago (1953) 157–203] an advantage often attributed to flexible exchange rate...”

“...This paper explores the impact of trade on growth when firms are heterogeneous. We find that greater openness produces anti- and pro-growth effects. The...”

“...We study the implications of loss aversion for trade policy determination and show how it allows us to explain a number of important and puzzling features of...”