Concerns that (1) growth in developing countries could worsen the US terms of trade and (2) that increased US trade with developing…
Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that expanded trade between…
The 2009 conference, jointly hosted by the Reserve Bank of Australia and the Centre for Applied Macroeconomic Analysis at the Australian…
This book has been prepared for the Commission on Growth and Development to evaluate the prospects for economic growth in developing…
Thanks to deft diplomatic footwork, a US-China confrontation over the renminbi has been avoided – or at least postponed. This is a very…
In Search of Real Rigidities. Gita Gopinath, April 1, 2010, Paper. "The closed and open economy literatures work on…
It is striking how often countries with oil or other natural resource wealth have failed to grow more rapidly than those without. This is…
It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as…
Trade Policy and Firm Boundaries. Laura Alfaro, January 2010, Paper. "We study how trade policy affects firms’ ownership structures.…
Currency Choice and Exchange Rate Pass-through. Gopinath, Gita, Oleg Itskhoki, and Roberto Rigobon, 2010, Paper. "We show, using novel data…