Members:
Lalit Contractor - Heterogenous Agent Macro
Abhishek Rai - Spatial and Trade
Ronit Mukherji - Consumption and Labor
Priyam Verma - International Trade and Spatial
Next Meeting: TBA
Topic: Kleinman, M., Liu, E., & Redding, S. (2023) Dynamic spatial general equilibrium. Econometrica, 91(2), 385-424.
Place: Zoom
Presenter: TBA
You can read the description here. Here is a outline of the organizational structure
- We take 2 to 3 meetings for each paper.
- Each meeting is led by one of the members on a rotational basis.
- We cover 3 to 4 sections of the paper in each meeting of our reading group.
- We typically prepare slides which are later uploaded on this page.
If you would like to join, email priyam.verma@ashoka.edu.in
These are the papers that we have planned to cover
1.Caliendo, L., Parro, F., Rossi-Hansberg, E., & Sarte, P.-D. (2018) “The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy.” Review of Economic Studies, 85(4): 2042–2096.
2. Caliendo, L., Dvorkin, M., & Parro, F. (2019) “Trade and Labor Market Dynamics: General Equilibrium Analysis of the China Trade Shock.” Econometrica, 87(3): 741–835.
3. Kleinman, M., Liu, E., & Redding, S. (2023) Dynamic spatial general equilibrium. Econometrica, 91(2), 385-424.
4. Dvorkin, M. (2023) “Dynamic Spatial Equilibrium with Heterogeneous Agents and Asset Accumulation.” Working Paper, Federal Reserve Bank of St. Louis.
5. Allen, T., & Arkolakis, C. (2014) “Trade and the Topography of the Spatial Economy.” Quarterly Journal of Economics, 129(3): 1085–1140.
6. Allen, T., & Arkolakis, C. (2025) “Quantitative Regional Economics.” NBER Working Paper (forthcoming).
7. Redding, S. J. (2025) “Quantitative Urban Economics.” Companion chapter to Allen and Arkolakis (2025), NBER.
8. Fajgelbaum, P., & Gaubert, C. (2025) “Optimal Regional Policy in General Equilibrium.” Working Paper.
9. Eckert, F., & Kleineberg, T. (2024) “Place-Based Policies and Intergenerational Mobility.” Working Paper, Yale University.
10. Bilal, A. (2021) “Solving Heterogeneous-Agent Models in Continuous Time with Aggregate Risk and Taxes.” Working Paper, Princeton University.
11. Bilal, A., & Rossi-Hansberg, E. (2021) “Location as an Asset.” Econometrica, 89(6): 2645–2697.
12. Greaney, B., Parkhomenko, A., & Van Nieuwerburgh, S. (2025). Dynamic Urban Economics (No. w33512). National Bureau of Economic Research.
13. Helpman, E., Itskhoki, O., Muendler, M. A., & Redding, S. J. (2016). Trade and inequality: From theory to estimation. The Review of Economic Studies, 84(1), 357-405.