Stephen Redding
@ReddingEcon
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Economist. Tweets and retweets are not endorsements.
Princeton, NJ
Joined September 2019
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If you are interested in urban and spatial economics, these urban economics association lectures are open to all: . Should be fun!
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Bell Labs former research site in NJ. Amazing space. Must have been incredible in its hey day. Now reinventing itself as multi-use office space, shopping mall and suburban housing.
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Excited to see the published version of this paper “Trade, Structural Transformation, and Development: Evidence from Argentina 1869-1914” with the great Pablo Fajgelbaum: We quantify the role of a spatial Balassa-Samuelson effect in economic development.
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New paper on “The Economics of Cities: From Theory to Data” for the Journal of Economic Perspectives: . Comments Welcome!
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NBER International Trade and Investment Summer Institute, organized by Laura Alfaro and Costas Arkolakis will be live-streamed on YouTube, and hence open and accessible to all. Wonderful program here: . Policy panel on the future of globalization.
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I just wrote this survey of recent research on trade and geography: Any comments and suggestions very welcome!
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New website: . Compute interactively the effect of economic growth in any one country on nominal and real income in other countries. Check out our research, in which we examine the geopolitical implications of changes in countries' economic size. 1/2
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Interested in transportation or spatial economics? NBER-DOT Economics of Transportation in the 21st Century Data Resources: . As we continue to expand these resources, do get in touch if you would like to contribute data, or have ideas for data.
@nberpubs
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NBER International Trade and Investment Summer Institute starts Monday. Terrific program: . YouTube livestream accessible to all:
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Excited to see the published version of my survey on Trade and Geography for the Handbook of International Economics: . Includes research on both local labor markets and quantitative spatial models.
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Excited to see this paper with the great
@BennyKleinman
and
@ErnestLiuEcon
forthcoming. Terrific fun working on this paper and looking forward to continuing this research agenda.
A dynamic spatial general equilibrium model with forward-looking investment and migration decisions, which provides a theoretical rationalization for empirical findings of persistent impacts of local shocks from
@BennyKleinman
@ErnestLiuEcon
@ReddingEcon
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Terrific virtual NBER conference on The Economics of Supply Chains organized by Laura Alfaro and Chad Syverson: . One of the key issues of our times. Live streamed on NBER YouTube open to all:
@nberpubs
@HarvardHBS
@ChicagoBooth
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Excited that this paper with the great
@pol_antras
and
@HansbergRossi
is forthcoming. While the main contribution is theoretical, it certainly has the longest time interval of data of any project I have worked on from 1347-2020!
Forthcoming in the AER: "Globalization and Pandemics" by Pol Antràs, Stephen J. Redding, and Esteban Rossi-Hansberg.
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New survey paper on “Trade and Innovation” with Marc Melitz () for this great conference in honor of Philippe Aghion and Peter Howitt and organized by
@johnvanreenen
and
@ufukakcigit
. Comments welcome!
Please join us at the symposium "The Economics of Creative Destruction" in honor of Prof. Philippe Aghion and Prof. Peter Howitt, organized by
@johnvanreenen
(
@LSEnews
and
@MITSloan
) and
@ufukakcigit
(
@UChi_Economics
). Details and registration: .
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Super excited to circulate this new paper with the great
@BennyKleinman
@ErnestLiuEcon
and
@motoyogo
@nberpubs
@PrincetonEcon
@PrincetonSPIA
Developing a quantitative generalization of the neoclassical growth model that incorporates goods trade and capital allocations across countries and intertemporal savings decisions, from
@BennyKleinman
,
@ErnestLiuEcon
,
@ReddingEcon
, and
@motoyogo
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Excited to see our paper on “Globalization and Pandemics” with
@pol_antras
and
@HansbergRossi
published today. We provide theory and evidence on the interrelation of these two phenomena back to 1347.
#COVID
ー19
#pandemic
#Vaccine
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Excited to see the Journal of Economic Perspectives Spring 2023 special symposium on Spatial and Urban Economics, featuring
@TrebAllen
@jessiehandbury
@baum_snow
and my paper on Quantitative Urban Models:
@UrbanEconomics
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Many many congratulations Oleg
@itskhoki
on the John Bates Clark Medal 2022: . Absolutely fantastic news and richly deserved!
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Exciting NBER International Trade and Investment Summer Institute program put together by Laura Alfaro and Pablo Fajgelbaum: . Will be live-streamed on NBER YouTube open to all:
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Excited about tomorrow’s conference on the Economics of Transportation in the 21st Century: . Will be live on the NBER YouTube Channel open to all:
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Many Congratulations to
@DianaVanPatten
@ErnestLiuEcon
@straiberman
and Sebastian Sotelo on their appointments to the the NBER ITI program! Fantastic news.
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Call for papers for upcoming NBER Conference on the Economics of Trade and Trade Policy in the 21st Century (joint with Bob Staiger): . All submissions welcome on this fascinating set of issues. Submission deadline 19th January.
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New paper on “Slavery and the British Industrial Revolution” with
@joachim_voth
and Stephan Heblich: . We revisit the Williams Hypothesis using micro data, a new identification strategy, and a quantitative spatial model. Comments welcome.
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Exciting and growing transportation data resources for NBER-DOT project on The Economics of Transportation in the 21st Century, thanks to the great work of
@CGorback
: . Additional suggestions welcome!
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Call for papers for the NBER International Trade Summer Institute, organized by Ina Simonovska and Pablo Fajgelbaum. Open to all. Upload your submission here by 11:59 pm (EST) on March 23, 2022:
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Excited about the upcoming NBER International Trade and Investment Program meeting on Fri-Sat April 12-13. Outstanding papers: . Live-streamed on NBER YouTube open to all:
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NBER Conference on the Economics of Transportation in the 21st Century on 9th October: . YouTube livestream open to all: . Should be fun!
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Excited about this policy conference on “Trade and Trade Policy in the 21st Century” on Thursday: . Terrific line up of speakers. Live-streamed on the NBER YouTube channel open to all:
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Excited to post a revised version of “The Economics of Spatial Mobility: Theory and Evidence Using Smartphone Data”: . We model trip chains and show that the resulting consumption externalities explain the collapse in downtown foot traffic during COVID-19.
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Exciting NBER conference on New Directions in Transportation Economics: . Welcome from Secretary Buttigieg. Sessions on COVID, decarbonization and racial justice. Live-streamed on YouTube:
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Join us tomorrow for an exciting NBER program on The Economics of Transportation in the 21st Century: . Live-streamed on YouTube:
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Excited to post a new version of “Dynamic Spatial General Equilibrium” (joint with
@ErnestLiuEcon
and
@BennyKleinman
): . We show that capital accumulation and migration dynamics interact to shape the persistent and heterogeneous impact of local shocks.
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NBER Open Call for Papers - Trade and Trade Policy in the 21st Century Conference, April 8-9, 2022 (joint with Bob Staiger): . Upload submissions here by midnight EST on Weds 19 Jan, 2022:
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Terrific program for the
@nberpubs
International Trade and Investment Summer Institute on July 10-13 organized by
@InaSimonovska
and
@itskhoki
: . Live streamed on the NBER YouTube channel open to all:
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Terrific Chicago-Princeton junior spatial conference organized by
@MilenaAlmagro
and
@AllanHsiao
: . Amazing line up of speakers and presentations.
@IESPrinceton
@PrincetonEcon
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Call for papers for the NBER International Trade and Investment Spring Meeting in Cambridge MA on April 12-13, 2024. Submission deadline midnight Eastern time on Friday February 9, 2024:
@nberpubs
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Excited about the upcoming NBER ITI winter meeting on Fri/Sat. Terrific program: . Will be live-streamed on the NBER YouTube channel and accessible to all:
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Fascinating NBER conference this weekend organized by Jim Poterba and Ed Glaeser on the economics of infrastructure:
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NBER Call for Papers - The Future of Globalization: . Some of the most pressing issues of our time. Open to all. Upload submissions by Sunday, January 10, 2021, to
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Super launch conference for NBER Economics of Transprtation in the 21st Century on June 10: , including Ed Glaeser on COVID-19 and transport. Will be live-streamed on Youtube, accessible to all:
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New working paper. We show that access to consumption opportunities as well as access to employment opportunities plays a central role in understanding the concentration of economic activity in urban areas. Comments welcome!
New CEPR Discussion Paper - DP15839
Consumption Access and Agglomeration: Evidence from Smartphone Data
Stephen J. Redding
@ReddingEcon
@PrincetonEcon
@Princeton
, Yuhei Miyauchi
@MiyauchiYuhei
@BU_Tweets
, Kentaro Nakajima
@HitotsubashiICS
#CEPR_ITRE
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Excited that the NBER International Trade and Investment Summer Institute meeting organized by
@InaSimonovska
and
@itskhoki
starts bright and early tomorrow: . Live-streamed on NBER YouTube.
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A terrific job market that speaks to pressing debates about the resilience of cities. Atsushi uses one of the largest shocks in history, the atomic bombing of Hiroshima. He estimates a dynamic structural urban model to evaluate the role of agglomeration forces in city resilience.
Atsushi Yamagishi’s (
@ats_yamagishi
) job market paper analyzes the resilience of internal city structure through the experience of Hiroshima.
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Excited about the NBER ITI Summer Institute starting on Monday. Terrific program put together by Laura Alfaro and Pablo Fajgelbaum: . Live-streamed on YouTube and accessible to all:
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Excited to present a new paper “Neoclaassical Growth in an Interdependent World” with
@ErnestLiuEcon
,
@BennyKleinman
and
@motoyogo
at the NBER ITM Summer Institute on July 11. Paper: . Program: . Live-streamed on NBER YouTube.
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Terrific research initiative on trade and development! A wonderful opportunity to advance this important area of research.
Call for Papers: The World Bank (
@wb_research
) and the editorial team from JIE will host a conference to discuss the role of international trade on development outcomes in Washington, DC on Sept 12-13, 2024.
Submission Deadline: April 15, 2024
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Excited to see this paper published “When Tariffs Disrupt Global Supply Chains”: . With
@genemgrossman
@ElhananHelpman
@IESPrinceton
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Excited to post a major revision of “International Friends and Enemies” with
@ErnestLiuEcon
and
@BennyKleinman
. We provide quasi-experimental evidence that as countries become more economically dependent on trade partners, they realign politically to them:
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Excited about the upcoming NBER International Trade & Investment Spring Meeting this coming Friday-Saturday: . Live-streamed on the NBER YouTube channel:
@nberpubs
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Excited to see this paper with
@daniel_m_sturm
out as a NBER working paper
@LSEEcon
@PrincetonEcon
@PrincetonSPIA
Using wartime destruction as an exogenous source of variation, evidence is found of neighborhood effects, which make a substantial contribution to patterns of spatial sorting, from
@ReddingEcon
and Daniel M. Sturm
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Excited about the NBER Trade and Investment Conference next week (organized by
@InaSimonovska
and Pablo Fajgelbaum): . Live streamed on NBER YouTube and accessible to all:
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Excited about the NBER Future of Globalization conference today and tomorrow: . Live-streamed on the NBER's YouTube channel:
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Excited to present my paper “Distributional Consequences of Trade: Evidence from the Repeal of the Corn Laws” () on Friday at the CEPR STEG 2021 conference (), Themes 3 and 4
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A terrific job market paper on a pressing issue. Anais assembles an amazing array of data to construct drug supply chains. She then estimates a structural model of firm production location and capacity choices to estimate the role of offshoring in explaining drug shortages.
Anaïs Galdin’s job market paper investigates market failures causing persistent shortages in generic injectable pharmaceutical markets. Building a unique dataset that traces U.S. drugs to global factories, she ties reduced resilience to offshoring.
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Excited to post a new paper “Neoclassical Growth in an Interdependent World” with
@BennyKleinman
and
@ErnestLiuEcon
: . We generalize the closed- economy neoclassical growth model to allow for costly trade and capital flows with imperfect substitutability.
1
17
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Exciting upcoming NBER-DOT conference on “New Directions in Transport Economics” this Wednesday: . Live streamed on the NBER YouTube channel open to all:
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Excited to post the WP version of “Structural Change Within and Across Firms: Evidence from the United States” with
@Tfpiasecki
@pkschott
@xiangxding
: . We explore the role of within-firm intangible capital in structural transformation
0
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Additional data resource for NBER-DOT Economics of Transportation in the 21st Century. U.S. Interstate Highway Construction Costs 1958-1993: . Shared by Leah Brooks and Zachary Liscow.
@nberpubs
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Come and work as a senior research specialist (pre-doc) at Princeton IES (
@IESPrinceton
). Great research environment. Further details here: . Copying
@econ_ra
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Excited to present a new paper with
@ErnestLiuEcon
and
@BennyKleinman
on “Sufficient Statistics for Dynamic Spatial Economics” () at the Nottingham GEP/CEPR Conference on Monday. Registration here:
1
11
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Excited to present an early version of a new paper on “The Distributional Consequences of Trade: Evidence from the Corn Laws” at the urban economics association conference on Friday, 2pm, 04J:
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Submissions welcome for the NBER International Trade and Investment Meeting in Palo Alto on Dec 1-2, organized by Cecile Gaubert and Andres Rodriguez-Clare. Submissions deadline midnight EST on Friday Sept 22:
@nberpubs
0
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Fascinating conference on trade policy and institutions over the last 2 days, organized with Bob Staiger. Wonderful lunch talks by Jennifer Hillman and
@D_A_Irwin
, and terrific papers and discussion:
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11
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Excited about our AEA session on Spatial Economics at
#ASSA2024
from 8-10am on Sat Jan 7 in Convention Center 225C with
@TrebAllen
@rebeccardiamond
@ErnestLiuEcon
@BennyKleinman
@PrincetonEcon
@PrincetonSPIA
0
9
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Excited to present my paper “Sufficient Statistics for Dynamic Spatial Economics” (joint with
@ErnestLiuEcon
and
@BennyKleinman
) at 3.30pm EDT today at the NBER ITI SI: . Live-streamed on NBER YouTube:
1
13
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Terrific panel on “Sanctions and the Global Economy” at this year’s NBER International Trade and Investment Summer Institute: with
@DBaqaee
@ben_moll
@BachmannRudi
@itskhoki
@IvanWerning
@guido_lorenzoni
0
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Fun to participate in this CNBC mini documentary on suburbanization. Thanks Carlos Waters
@CNBC
. YouTube: CNBC;
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Call for papers for the NBER International Trade and Investment Spring Meeting at SIEPR, Stanford on April 14-15, 2023. Please submit papers for presentation at the link below by midnight, Eastern time on February 6, 2023:
0
18
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New NBER-DOT Economics of Transportation in the 21st century data resource on speed and congestion in US cities: . Kindly contributed by
@prottoyakbar
, Victor Couture, Gilles Duranton and Adam Storeygard.
@nberpubs
0
9
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Terrific upcoming NBER international trade and investment program on July 10-13, organized by
@itskhoki
and
@InaSimonovska
: . Live-streamed on the NBER’s YouTube channel open to all:
1
24
55
Tune in for the NBER ITI fall hybrid program meeting Friday and Saturday: . Live streamed on the NBER YouTube channel open to all:
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The winners of the Onassis Prizes 2023 – Awarding the visionaries of tomorrow | Onassis Foundation. Many congratulations Marc!
0
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Cool Economist write up () of Heblich, Trew and Zylberberg’s JPE paper on pollution and internal city structure ()
0
9
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Excited about the terrific program for the NBER International Trade and Investment Summer Institute put together by
@InaSimonovska
and Pablo Fajgelbaum: . Live-streamed on NBER’s YouTube channel open to all.
0
16
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Papers welcome for the NBER International Trade and Investment Summer Institute from 6-8 July, 2020 in Cambridge MA, organized by Laura Alfaro and Costas Arkolakis. Upload submissions at this web link by noon (EST) on March 18, 2020:
1
19
51
Presented my JEP paper on the 2018 US tariffs at the Council of Economic Advisers. Interesting experience.
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Fascinating upcoming international trade conference at the University of Nottingham in June: . Open to all. Register here:
2
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#ASSA2021
Transportation and the Spatial Distribution of Economic Activity, Tuesday, 3.45pm: Excited to join
@TrebAllen
, Arkolakis, Currier, Diamond, Glaeser, Gorback,
@thetahat
, Miyauchi, Nakajima, Poterba and Winston
0
7
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Terrific NBER funding opportunity for research on transportation: . Submission deadline Weds 15th Sept: . Priority topics include distributional consequences and the environment
0
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Exciting upcoming NBER International Trade and Investment (ITI) hybrid Fall meeting: . Live-streamed on NBER YouTube:
1
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NBER Trade and Investment Summer Institute 2021. Organized by Laura Alfaro & Pablo Fajgelbaum. Submit your paper by Monday 5 April: . Open to all.
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Rafael
@rmacparente
is a terrific talent in macro, trade and labor. His outstanding JMP provides theory and evidence how minimum wages can have unintended consequences on income inequality via endogenous changes in the composition of economic activity in formal/informal sectors.
Rafael Parente's (
@rmacparente
) market paper studies the effects of the minimum wage on earnings inequality in the presence of an informal sector, as in many developing countries:
#EconJobMarket
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Program report on the NBER International Trade and Investment (ITI) Program in the latest NBER Reporter. An incredibly talented group of researchers advancing the research frontier in so many different directions:
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Terrific program for
@nberpubs
Economics of Transportation in the 21st Century conference TODAY: …. Keynote on supply chain disruptions by General Stephen Lyons. Live-streamed on the NBER YouTube channel open to all:
2
8
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Excited to present my paper “Dynamic Spatial General Equilibrium” (joint with
@ErnestLiuEcon
and
@BennyKleinman
) - - at the Virtual Trade and Macro seminar this Thursday. Registration here:
0
11
47
Excited to post a new version of the paper “International Friends and Enemies” with
@ErnestLiuEcon
and
@BennyKleinman
. As a country becomes more economically dependent on a trade partner, we show that it realigns politically towards that partner.
0
10
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Exciting opportunity. NBER Call for Proposals 2021 for research on The Economics of Transportation in the 21st Century, funded by the US Department of Transportation. Submission deadline Weds 15th September 2021:
0
23
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Super excited about this new paper on spatial dynamics with
@ErnestLiuEcon
and
@BennyKleinman
New!
A dynamic spatial general equilibrium model with forward-looking investment and migration decisions.
@BennyKleinman
,Ernest Liu,
@ReddingEcon
Read:
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Excited to present an early version of a new paper on “The Distributional Consequences of Trade: Evidence from the Corn Laws” at the Harvard Cities and Development conference on Fri-Sat organized by
@thetahat
, Ed Glaeser and colleagues:
0
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