Search Results

Showing results 1 to 10 of approximately 57.

(refine search)
Author:Santacreu, Ana Maria 

Combining Economics with Policy Research

Before she was studying international trade, economist Ana Maria Santacreu was going to be an engineer. But she kept drifting to her parents’ area of study.
On the Economy

Working Paper
A Quantitative Analysis of Tariffs across U.S. States

We develop a quantitative framework to assess the cross-state implications of a U.S. trade policy change: a unilateral increase in the import tariff from 2 to 25 across all goods-producing sectors. Although the U.S. gains overall from the tariff increase, we find the impact differs starkly across locations. Changes in real consumption (welfare) range from as high as 3.8% in Wyoming to $-0.3% in Florida, depending mainly on how exposed states are to differentially-impacted sectors. As a result, the "preferred'' tariff rate varies greatly across states. Foreign retaliation in trade policy ...
Working Papers , Paper 2021-007

How Much Does the U.S. Rely on Other Countries for Essential Medical Equipment?

On the Economy

Journal Article
Rethinking Global Value Chains During COVID-19: Part 1

GVCs can make final goods production less costly and more efficient, but they are not without risks.
Economic Synopses , Issue 16 , Pages 1-2

Journal Article
The Rise in Chinese Tourism and Its Effects on the Balance of Payments

Economic Synopses , Issue 26 , Pages 1-2

Journal Article
The Greek Debt Crisis: What Are the Potential Scenarios Going Forward?

Sound macroeconomic policies are key to preventing solvency crises in a currency union.
Economic Synopses , Issue 21

Working Paper
International R&D Spillovers and Asset Prices

We study the international propagation of long-run risk in the context of a general equilibrium model with endogenous growth. Innovation and international diffusion of technologies are the channels at the core of our mechanism. A calibrated version of the model matches several asset pricing and macroeconomic quantity moments, alleviating some of the puzzles highlighted in the international macro-finance literature. Our model predicts that country-pairs that share more R&D have less volatile exchange rates and more correlated stock market returns. Using data from a sample of 19 developed ...
Working Papers , Paper 2015-41

Journal Article
The Economic Fundamentals of Emerging Market Volatility

Countries with weaker economic fundamentals experienced higher currency volatility and capital flows.
Economic Synopses , Issue 2

Journal Article
Manufacturing and Service Sector Roles in the Evolution of Innovation and Productivity

The relative size of the manufacturing sector in an economy depends on its stage of development. As economies become more industrialized, employment and output increase rapidly. Eventually, for large-enough levels of development, the contribution of the manufacturing sector starts declining in favor of the service sector.
Economic Synopses , Issue 2 , Pages 1-3

Working Paper
International technology Diffusion: A Gravity Approach

We adapt gravity methods from the empirical trade literature to study international technology diffusion in a novel way. First, we derive a theory-based gravity-type equation that describes the main fundamentals of international technology diffusion under perfect enforcement of intellectual property rights (IPR). We then estimate the gravity equation using bilateral royalty payments data—for a sample of 53 countries and the period 1995-2012—to infer the amount of technology diffusion predicted by the gravity model. Differences between the model and the data are mainly driven by ...
Working Papers , Paper 2019-31



FILTER BY Content Type


FILTER BY Jel Classification

F12 9 items

O33 9 items

O41 8 items

O47 8 items

F11 5 items

F14 5 items

show more (22)

FILTER BY Keywords

COVID-19 15 items

Coronavirus 7 items

international trade 7 items

Technology diffusion 4 items

intellectual property rights 4 items

royalty payments 4 items

show more (72)