I introduce trade dynamics into a static model of international trade with product dif-ferentiation, heterogeneous productivity firms, and increasing marginal market penetration costs. I interpret firms as ideas that materialize into production, where an idea is a way to produce a differentiated good with a given productivity. Adapting a stochastic process similar to Reed, the model endogenously generates a right tail cross-sectional Pareto distri-bution of firms ’ productivities based on two minimal assumptions: continuous entry of ideas at a certain rate and productivities of ideas that evolve according to a geometric Brownian motion. The cross-sectional predictions of the model for the distribution of domestic and exporting sales of firm...
This paper develops an analytical framework to study firm and exporter growth and provides a dynamic...
We study the welfare gains from trade in an economy with heterogeneous firms, variable markups and e...
This Paper builds a dynamic industry model with heterogeneous firms that explains why international ...
I introduce trade dynamics into a static model of international trade with product dif-ferentiation,...
I introduce trade dynamics into a static model of international trade with product dif-ferentiation,...
I develop a new theory of marketing costs and introduce it into a model of trade with product differ...
We develop a model of establishment export dynamics consistent with the enormous estab-lishment leve...
We develop a stochastic, general equilibrium, two-country model of trade and macroeconomic dynamics....
This paper develops a novel theory of marketing costs within a trade model with product differentiat...
This paper develops an analytical framework to study firm and exporter growth and provides a dynamic...
This paper develops an idea flows theory of trade and growth with heterogeneous firms. New firms lea...
This paper develops an idea flows theory of trade and growth with heterogeneous firms. New firms lea...
This paper develops an idea flows theory of trade and growth with heterogeneous firms. New firms lea...
This dissertation consists of three chapters on international transmission of business cycles. It co...
This paper develops a model to explain a firm’s optimal export entry strategy in an economy where th...
This paper develops an analytical framework to study firm and exporter growth and provides a dynamic...
We study the welfare gains from trade in an economy with heterogeneous firms, variable markups and e...
This Paper builds a dynamic industry model with heterogeneous firms that explains why international ...
I introduce trade dynamics into a static model of international trade with product dif-ferentiation,...
I introduce trade dynamics into a static model of international trade with product dif-ferentiation,...
I develop a new theory of marketing costs and introduce it into a model of trade with product differ...
We develop a model of establishment export dynamics consistent with the enormous estab-lishment leve...
We develop a stochastic, general equilibrium, two-country model of trade and macroeconomic dynamics....
This paper develops a novel theory of marketing costs within a trade model with product differentiat...
This paper develops an analytical framework to study firm and exporter growth and provides a dynamic...
This paper develops an idea flows theory of trade and growth with heterogeneous firms. New firms lea...
This paper develops an idea flows theory of trade and growth with heterogeneous firms. New firms lea...
This paper develops an idea flows theory of trade and growth with heterogeneous firms. New firms lea...
This dissertation consists of three chapters on international transmission of business cycles. It co...
This paper develops a model to explain a firm’s optimal export entry strategy in an economy where th...
This paper develops an analytical framework to study firm and exporter growth and provides a dynamic...
We study the welfare gains from trade in an economy with heterogeneous firms, variable markups and e...
This Paper builds a dynamic industry model with heterogeneous firms that explains why international ...