Working Papers
Supply Chain Constraints and Inflation
August 2024 (with D. Comin and C. Jones ). Revise & Resubmit at The Review of Economic Studies.
June 2022 (with D. Comin). Revise & Resubmit at The Review of Economic Studies.
Published Papers
Global Value Chains and Trade Policy
The Review of Economic Studies, forthcoming (with E. Blanchard and C. Bown)
AEA Papers and Proceedings, Volume 114, 2024 (with D. Comin and C. Jones)
Perspectives on Trade and Structural Transformation
Oxford Development Studies, Volume 51, Issue 3, 2023 (with G. Alessandria and K. Yi)
GVCs and Trade Elasticities with Multistage Production
Journal of International Economics, Volume 145, 103796, 2023 (with A. Moxnes)
Annual Review of Economics, 10 (1), 2018
A Portrait of Trade in Value Added over Four Decades
The Review of Economics and Statistics, 99 (5), 2017 (with G. Noguera)
Demand for Value Added and Value-Added Exchange Rates
American Economic Journal: Macroeconomics, 9 (4), 2017 (with R. Bems)
Trade in Intermediate Inputs and Business Cycle Comovement
American Economic Journal: Macroeconomics, 6 (4), 2014
Five Facts about Value-Added Exports and Implications for Macroeconomics and Trade Research
Journal of Economics Perspectives, 28 (2), 2014
Annual Review of Economics, 5 (1), 2013 (with R. Bems and K.M. Yi)
Proximity and Production Fragmentation
American Economic Review (Papers & Proceedings), 102 (3), 2012 (with G. Noguera)
Accounting for Intermediates: Production Sharing and Trade in Value Added
Journal of International Economics, 86 (2), 2012 (with G. Noguera)
Trade and Prices with Heterogeneous Firms
Journal of International Economics, 86 (1), 2012
Vertical Linkages and the Collapse of Global Trade
American Economic Review (Papers & Proceedings), 101 (3), 2011 (with R. Bems and K.M. Yi)
Demand Spillovers and the Collapse of Trade in the Global Recession
IMF Economic Review, 58 (2), 2010 (with R. Bems and K.M. Yi)
In Progress
Effective Protection with Global Value Chains (with Emily Blanchard and Michell Boice), in preparation for the IMF Annual Research Conference
What Was the Fed Thinking? Monetary Policy with Supply Chain Constraints (with Diego Comin and Callum Jones)
Rigidity and Risk in Global Input Sourcing (with Diego Comin)
Dormant
New Open Economy Macroeconomics with GVCs (with Rudolfs Bems)
Factor Trade Forensics with Traded Intermediate Goods (August 2011)
Transport Costs and Trade in the Interwar Period (November 2006)