Working papers



Tariff Pass-Through and Import Reallocation

with JaeBin Ahn and Michele Ruta.

IMF Working Paper 149 (2026).

Media coverage: Financial Times (1), Financial Times (2).



Industrial Policy and Trade Tensions in Strategic Sectors

with Michele Ruta and Priyam Verma.

IMF Working Paper 155 (2026).

Media coverage: Financial Times



Domestic Laws and Protectionism in Government Procurement 

with Carlos S. Barreto Cifuentes, Katayoon Beshkardana and Mayed El-Bayya.

World Bank Policy Research Working Paper 10937 (2024). 

Revise & Resubmit, World Trade Review. 



Europe’s Productivity Weakness: Firm-Level Roots and Remedies 

with Oyun Erdene Adilbish, Diego A. Cerdeiro, Romain A. Duval, Gee Hee Hong, Luca Mazzone, Hasan H Toprak, and Maryam Vaziri.

IMF Working Papers 040 (2025). 

VoxEU column, Feb. 24, 2025.



Trade Implications of China’s Subsidies 

with Michele Ruta.

IMF Working Paper 180 (2024).



Trade Spillovers of Domestic Subsidies 

with Michele Ruta.

IMF Working Papers 041 (2024).

VoxEU column: Trade spillovers of industrial policy, Nov. 11, 2024.