Search Results
Showing results 1 to 10 of approximately 173.
(refine search)
Working Paper
Non-exclusive contracts, collateralized trade, and a theory of an exchange
Leitner, Yaron
(2003)
Liquid markets where agents have limited capacity to sign exclusive contracts may permit agents to promise the same asset to multiple counterparties and subsequently default. I show that in such markets an exchange can arise as an intermediary whose only role is to set limits on the number of contracts that agents can report voluntarily. In some cases, these limits must be non-binding in equilibrium, and reported trades must not be made public. A (costly) alternative to an exchange is collateralized trade, and the gains from an exchange increase when agents have more intangible capital (e.g., ...
Working Papers
, Paper 03-3
Working Paper
Comparative Advantage in Innovation and Production
Somale, Mariano A.
(2017-05)
This paper develops a multi-country, general equilibrium, semi endogenous growth model of innovation and trade in which specialization in innovation and production are jointly determined. The distinctive element of the model is the ability of the agents to direct their research efforts to specific goods, in a context of heterogeneous innovation capabilities across countries and contemporaneous decreasing returns to R&D. The model features a two-way relationship between trade and technology absent in standard quantitative Ricardian trade models. I calibrate the model using a sample of 29 ...
International Finance Discussion Papers
, Paper 1206
Journal Article
Legislative update : Fast track to freer trade?
Gerena, Charles; Nash, Betty Joyce
(2003-01)
Econ Focus
, Volume 7
, Issue Win
, Pages 5
Working Paper
Goods-Market Frictions and International Trade
McCallum, Andrew H.; Krolikowski, Pawel
(2017-05-23)
We present a tractable framework that embeds goods-market frictions in a general equilibrium dynamic model with heterogeneous exporters and identical importers. These frictions arise because it is time consuming and expensive for exporters and importers to meet. We show that search frictions lead to an endogenous fraction of unmatched exporters, alter the gains from trade, endogenize entry costs, and imply that the competitive equilibrium does not generally result in the socially optimal number of searching firms. Finally, ignoring search frictions results in biased estimates of the effect of ...
International Finance Discussion Papers
, Paper 1207
Working Paper
Supplier relationships and small business use of trade credit
Aaronson, Daniel; Townsend, Robert M.; Huck, Paul; Bostic, Raphael W.
(2000)
This paper sheds some light on the empirical importance of supplier relationships, including ethnic ties, for the use of trade credit by minority-owned small businesses. Results based on the 1993 National Survey of Small Business Finance (NSSBF) indicate that ethnic differences in the use of trade credit are present after conditioning on an extensive list of control variables. This holds especially for Black-owned businesses, and we find that they use less trade credit, are less likely to take advantage of discounts for early payment, and are more likely to have payments past due. We use ...
Working Paper Series
, Paper WP-00-28
Working Paper
The between firm effect with multiproduct firms
Luong, Tuan Anh
(2012)
This paper studies the multi-product firms with two factors of production: unskilled and skilled labor (talent). Creating new products is skill intensive while production is less skill intensive. By introducing these two tasks a firm operates which act as two seemingly sectors, we show here a new effect: an increase in the skilled labor supply, relatively to unskilled labor, could reduce the number of products but increase the average scale per product. The relative strength of this effect depends on the degree of firm heterogeneity and the extent to which we allow multiple product within the ...
Globalization Institute Working Papers
, Paper 122
Working Paper
Policy externalities: how U.S. antidumping affects Japanese exports to the EU
Crowley, Meredith A.; Bown, Chad P.
(2004)
This paper investigates the international externalities associated with US use of antidumping (AD) measures by examining the relationship between US AD duties (ADDs) and Japanese exports to the US and EU over the 1992-2001 period. We first examine the trade destruction and trade diversion associated with Japanese exports to the US market resulting from US AD duties. We then investigate whether US ADDs impose externalities on a non- targeted third country by examining the effect of these US policies on Japanese exports to the EU. We document sizable trade deflection and trade depression in the ...
Working Paper Series
, Paper WP-04-12
Conference Paper
U.S. trade deficit: causes, consequences and cures : proceedings of the twelfth annual Economic Policy Conference, held on October 23 and 24, 1987
Burger, Albert E.
(1987)
Proceedings
Working Paper
Border effects within the NAFTA countries
Rogers, John H.; Smith, Hayden P.
(2001)
Using consumer price indexes from cities in the U.S., Canada and Mexico, we estimate the "border effect" on U.S.-Mexican relative prices and find that it is nearly an order of magnitude larger than for U.S.-Canadian prices. However, during a very stable sub-period in Mexico (May 1988 to November 1994), the "width" of the U.S.-Mexican border falls dramatically and becomes approximately equal to the U.S.-Canadian border. We then show that when consideration is limited to cities lying geographically very close to the U.S.-Mexican border--San Diego, Los Angeles, Houston, Dallas, Tijuana, ...
International Finance Discussion Papers
, Paper 698
Working Paper
Protectionist demands in globalization
Kibris, Ozgur; Ilhan, Arzu
(2000)
This paper analyzes a small, open economy whose citizens have single-peaked preferences on the tariff rate for an import good. They publicly declare this rate to the government, which has discretion in implementing it. While the government has an incentive not to deviate too much from the publicly chosen tariff rate, its final choice is determined by bargaining with a foreign lobby that has a much lower optimal rate and offers monetary transfers in return for lower tariffs. The authors show that the expectation of foreign influence causes citizens to vote for a more protectionist tariff ...
Working Papers (Old Series)
, Paper 0006
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of Dallas 43 items
Federal Reserve Bank of Chicago 20 items
Federal Reserve Bank of Philadelphia 18 items
Federal Reserve Bank of St. Louis 17 items
Federal Reserve Bank of San Francisco 16 items
Federal Reserve Bank of Richmond 15 items
Board of Governors of the Federal Reserve System (U.S.) 14 items
Federal Reserve Bank of Minneapolis 14 items
Federal Reserve Bank of Cleveland 7 items
Federal Reserve Bank of New York 4 items
Federal Reserve Bank of Atlanta 2 items
Federal Reserve Bank of Kansas City 2 items
Federal Reserve Bank of Boston 1 items
show more (8)
show less
FILTER BY Series
Working Paper Series 25 items
Working Papers 24 items
Dallas Fed Economics 12 items
Southwest Economy 12 items
Econ Focus 11 items
International Finance Discussion Papers 9 items
Fedgazette 8 items
Proceedings 8 items
Globalization Institute Working Papers 5 items
Staff Report 5 items
Economic Perspectives 4 items
Business Frontier 3 items
Chicago Fed Letter 3 items
FRBSF Economic Letter 3 items
On the Economy 3 items
Richmond Fed Economic Brief 3 items
Business Review 2 items
Economic Commentary 2 items
Economic and Financial Policy Review 2 items
Federal Reserve Bulletin 2 items
Finance and Economics Discussion Series 2 items
Monograph 2 items
Speech 2 items
Staff Reports 2 items
Working Papers (Old Series) 2 items
Annual Report 1 items
Center for Latin America Working Papers 1 items
Crossroads 1 items
Economic Insights 1 items
Economic Letter 1 items
Economic Review 1 items
FRB Atlanta Working Paper 1 items
Houston Business 1 items
International Economic Trends 1 items
Liberty Street Economics 1 items
Proceedings - Economic Policy Symposium - Jackson Hole 1 items
Research Working Paper 1 items
Speeches and Essays 1 items
Staff Papers 1 items
Staff Studies 1 items
The Region 1 items
Working Paper 1 items
show more (37)
show less
FILTER BY Content Type
Working Paper 71 items
Journal Article 56 items
Conference Paper 9 items
Report 8 items
Briefing 3 items
Discussion Paper 3 items
Newsletter 3 items
Speech 3 items
Monograph 2 items
show more (4)
show less
FILTER BY Author
Alessandria, George 8 items
Cañas, Jesus 7 items
Crowley, Meredith A. 7 items
Wirtz, Ronald A. 6 items
Kehoe, Timothy J. 5 items
Baxter, Marianne 4 items
Bown, Chad P. 4 items
Kaboski, Joseph P. 4 items
Kouparitsas, Michael A. 4 items
Leitner, Yaron 4 items
Midrigan, Virgiliu 4 items
Yi, Kei-Mu 4 items
anonymous 4 items
Bond, Philip 3 items
Connolly, Michelle P. 3 items
Coronado, Roberto 3 items
Gilmer, Robert W. 3 items
Glick, Reuven 3 items
Neely, Christopher J. 3 items
Phillips, Keith R. 3 items
Rose, Andrew K. 3 items
Schindler, John W. 3 items
Valderrama, Diego 3 items
Vargas, Lucinda 3 items
Wynne, Mark A. 3 items
Yücel, Mine K. 3 items
Bandyopadhyay, Subhayu 2 items
Bergin, Paul R. 2 items
Bergoeing, Raphael 2 items
Campbell, Doug 2 items
Choi, Horag 2 items
Corsetti, Giancarlo 2 items
Davis, J. Scott 2 items
Dedola, Luca 2 items
Huang, Kevin X. D. 2 items
Klier, Thomas H. 2 items
Kose, M. Ayhan 2 items
Krolikowski, Pawel 2 items
Leduc, Sylvain 2 items
Leibovici, Fernando 2 items
Lopez, Jose Joaquin 2 items
Marquez, Jaime R. 2 items
McAndrews, James J. 2 items
McCallum, Andrew H. 2 items
Nash, Betty Joyce 2 items
Nicholson, Michael 2 items
Peake, Makenzie 2 items
Plante, Michael D. 2 items
Prasad, Eswar S. 2 items
Roberds, William 2 items
Ruhl, Kim J. 2 items
Santacreu, Ana Maria 2 items
Sigalla, Fiona 2 items
Somale, Mariano A. 2 items
Terrones, Marco E. 2 items
Testa, William A. 2 items
Aaronson, Daniel 1 items
Ahearne, Alan G. 1 items
Amaral, Pedro S. 1 items
Armenter, Roc 1 items
Arndt, Sven 1 items
Avila-Montealegre, Oscar 1 items
Barkin, Tom 1 items
Barth, Marvin 1 items
Betts, Caroline M. 1 items
Beusch, Elisabeth 1 items
Bostic, Raphael W. 1 items
Broaddus, Alfred 1 items
Brown, Stephen P. A. 1 items
Burger, Albert E. 1 items
Byrge, Joshua A. 1 items
Cakir Melek, Nida 1 items
Caldwell, Mytiah 1 items
Camargo, Braz 1 items
Campbell, Jay 1 items
Cavallo, Michele 1 items
Chaboud, Alain P. 1 items
Chernenko, Sergey V. 1 items
Clark, Hunter L. 1 items
Coia, Juliette 1 items
Conner, Matthew 1 items
Coulter, Jarod 1 items
Courtois, Renee 1 items
Crane, Leland D. 1 items
Davies, Phil 1 items
Delacroix, Alain 1 items
Diez, Federico J. 1 items
Dinmore, Trevor 1 items
Dirks, Frederick C. 1 items
Dotsey, Michael 1 items
Duarte, Margarida 1 items
Döbeli, Barbara 1 items
Eichengreen, Barry 1 items
Elliehausen, Gregory E. 1 items
Evans, Carolyn L. 1 items
Fernald, John G. 1 items
Fischer, Andreas M. 1 items
Fisher, John 1 items
Fisher, Richard W. 1 items
Fort, Teresa C. 1 items
Fujiwara, Ippei 1 items
Furfine, Craig H. 1 items
Gerena, Charles 1 items
Green, Edward J. 1 items
Gruben, William C. 1 items
Gullo, Stephanie 1 items
Hirtle, Beverly 1 items
Hooper, Peter 1 items
Huck, Paul 1 items
Humpage, Owen F. 1 items
Ilhan, Arzu 1 items
Isaacson, Bob 1 items
Jacks, David S. 1 items
Jaravel, Xavier 1 items
Juvenal, Luciana 1 items
Kahn, Charles M. 1 items
Kelly, Brendan 1 items
Kerr, Emily 1 items
Kersting, Erasmus K. 1 items
Kibris, Ozgur 1 items
Kletzer, Lori G. 1 items
Lee, Dwight R. 1 items
Lester, Benjamin 1 items
Li, Victor E. 1 items
Liao, Jay 1 items
Liikanen, Erkki 1 items
Liu, Zheng 1 items
Loungani, Prakash 1 items
Lubik, Thomas A. 1 items
Luo, Xi 1 items
Luong, Tuan Anh 1 items
MacGee, James 1 items
Mahon, Joe 1 items
Mann, Catherine L. 1 items
Manzanares, Carlos 1 items
Martinez-Garcia, Enrique 1 items
Mazumdar, Joy 1 items
McLeod, Darryl 1 items
Mix, Carter 1 items
Monteiro, Paulo Santos 1 items
Mulabdic, Alen 1 items
Mullin, John 1 items
Murphy, Daniel P. 1 items
Orrenius, Pia M. 1 items
Ozdagli, Ali K. 1 items
Pakko, Michael R. 1 items
Parry, Robert T. 1 items
Pierce, Justin R. 1 items
Poole, William 1 items
Quayyum, Saad 1 items
Quintin, Erwan 1 items
Quispe-Agnoli, Myriam 1 items
Ravikumar, B. 1 items
Reinbold, Brian 1 items
Rogers, John H. 1 items
Romero, Jessica Sackett 1 items
Rosenblum, Harvey 1 items
Rossbach, Jack 1 items
Ruffin, Roy J. 1 items
Russ, Katheryn N. 1 items
Ruta, Michele 1 items
Sablik, Timothy 1 items
Sager, Erick 1 items
Sandler, Todd 1 items
Schnorbus, Robert H. 1 items
Schott, Peter K. 1 items
Shafer, Jeffrey R. 1 items
Shah, Sona 1 items
Slijk, Christopher 1 items
Smith, Chloe N. 1 items
Smith, Hayden P. 1 items
Spiegel, Mark M. 1 items
Steinberg, Joe 1 items
Strauss-Kahn, Vanessa 1 items
Stuermer, Martin 1 items
Takashima, Ryo 1 items
Taylor, John B. 1 items
Taylor, Lori L. 1 items
Torres, Luis 1 items
Townsend, Robert M. 1 items
Waddell, Sonya Ravindranath 1 items
Wang, Jian 1 items
Wang, Jianlin 1 items
Wang, Jiao 1 items
Warner, Doris P. 1 items
Waugh, Michael E. 1 items
Weinberg, John A. 1 items
Weller, Paul A. 1 items
Wolken, John D. 1 items
Wong, Russell 1 items
Wright, Jonathan H. 1 items
Yesin, Pinar 1 items
Younas, Javed 1 items
Yu, Zhi 1 items
Zarazaga, Carlos E. 1 items
Zelenev, Alexei 1 items
Zhou, Ruilin 1 items
de Soyres, Francois 1 items
show more (193)
show less
FILTER BY Jel Classification
FILTER BY Keywords
Trade 173 items
Exports 21 items
Econometric models 8 items
Federal Reserve District, 9th 8 items
Imports 8 items
North American Free Trade Agreement 8 items
Economic development 7 items
Economic Conditions 7 items
Business cycles 6 items
Inventories 6 items
COVID-19 6 items
Monetary Policy 6 items
Foreign exchange 5 items
Manufactures 5 items
Maquiladora 5 items
Mexico 5 items
China 4 items
Foreign exchange rates 4 items
Gross domestic product 4 items
Markets 4 items
Tariff 4 items
Texas Economy 4 items
Inflation (Finance) 3 items
Manufacturing 3 items
Money 3 items
Prices 3 items
Productivity 3 items
inflation 3 items
Antidumping duties 2 items
Bank loans 2 items
Border 2 items
Business conditions 2 items
Capital Flows 2 items
Consumption (Economics) 2 items
Contracting out 2 items
Coronavirus 2 items
Credit 2 items
Currency 2 items
Dollar 2 items
Economic conditions - Texas 2 items
Economic indicators 2 items
Employment 2 items
Employment (Economic theory) 2 items
Energy 2 items
Foreign exchange rates - China 2 items
Free trade 2 items
Frictions 2 items
Immigrants 2 items
International trade 2 items
Labor economics 2 items
Labor market 2 items
Liquidity (Economics) 2 items
Macroeconomics 2 items
Manufacturing industries 2 items
Medical Equipment 2 items
Mortgages 2 items
PPE 2 items
Payment systems 2 items
Phillips curve 2 items
Production (Economic theory) 2 items
Public Finance 2 items
Small business 2 items
Technology 2 items
Texas 2 items
Trade barriers 2 items
Wages 2 items
Welfare 2 items
Fiscal policy 2 items
Agriculture 1 items
Argentina 1 items
Auto industry 1 items
Balance of trade 1 items
Banking and Finance 1 items
Banks and banking, Central 1 items
Belt and road 1 items
Capital movements 1 items
Construction industry 1 items
Contracts 1 items
DSGE 1 items
Developed countries 1 items
Developing countries 1 items
Directed research 1 items
Displaced workers 1 items
Dollar, American 1 items
East Asia 1 items
Economic Growth 1 items
Economic conditions - China 1 items
Economic conditions - Federal Reserve District, 4th 1 items
Economic history 1 items
Economic policy 1 items
Emerging markets 1 items
European Union 1 items
Expenditures, Public 1 items
Export 1 items
Export ban 1 items
Exports - China 1 items
Federal Reserve District, 5th 1 items
Financial crises 1 items
Firms 1 items
Foreign trade promotion 1 items
Forest products industry 1 items
Fuel prices 1 items
General Agreement on Tariffs and Trade (Organization) 1 items
Goods 1 items
Great Depression 1 items
Gross trade 1 items
Imports - Prices 1 items
India 1 items
Industrial organization (Economic theory) 1 items
Industries 1 items
Inequality 1 items
Information 1 items
Innovation 1 items
Intellectual property 1 items
International Economics 1 items
International economic relations 1 items
Korea 1 items
Labor 1 items
Latin America 1 items
Markups 1 items
Mexican-American Border Region - Economic conditions 1 items
Monetary theory 1 items
Monopolistic competition 1 items
Mortgage loans 1 items
NAFTA 1 items
National Free Trade Agreement 1 items
Oil 1 items
Organisation for Economic Co-operation and Development 1 items
Output 1 items
Peru 1 items
Petroleum industry and trade 1 items
Population 1 items
Price levels 1 items
Product differentiation 1 items
Protectionism 1 items
Quantitative models 1 items
Recessions 1 items
Relative Prices 1 items
Research and development 1 items
Saving and investment 1 items
Search 1 items
Sectoral Models 1 items
Securities 1 items
Steel industry and trade 1 items
Sticky Wages 1 items
Stock - Prices 1 items
Stock market 1 items
Structural general equilibrium 1 items
Sugar 1 items
Supermodularity 1 items
Supply chain 1 items
Taxation 1 items
Technology - Economic aspects 1 items
Terrorism 1 items
Transmission mechanism (Monetary policy) 1 items
Transportation 1 items
Transportation infrastructure 1 items
Unemployment 1 items
Value added trade 1 items
Vehicles 1 items
Vietnam 1 items
Wage inequality 1 items
Wages - Law and legislation 1 items
Workers 1 items
automobiles 1 items
bond markets 1 items
central banks 1 items
corporate credit risk 1 items
open economy macroeconomics 1 items
pandemic 1 items
panel 1 items
tightening cycles 1 items
trade imbalances 1 items
show more (174)
show less