最准的六合彩论坛

PhD Skills Development Module, Term 2

Outline

This module offers an overview of several active areas of research in international trade. It introduces frontier topics, insights, and tools, with the goal of preparing PhD students to conduct independent cutting-edge research in the field, as well as in adjacent fields where ideas and techniques from international trade may be useful, such as urban and spatial economics, labor, development, IO, finance, and macro.听

The module will consist of 10 two-hour lectures. The preliminary set of topics includes:

• Trade, FDI and financial frictions (Kalina Manova)
• Global value chains and production networks (Kalina Manova)
• Trade and labor markets (Gabriel Ulyssea)
• Trade within countries and development听(Gabriel Ulyssea)
• Cities and development (Gabriel Ulyssea)
• Spatial and general equilibrium spillovers听(Kirill Borusyak)
• The effects of trade on welfare and inequality (Kirill Borusyak)

Students from听University of London universities other than 最准的六合彩论坛 are welcome to register.

Instructors

• Kirill Borusyak (k.borusyak@ucl.ac.uk, Drayton House 307)
• Kalina Manova (k.manova@ucl.ac.uk, Drayton House 301)
• Gabriel Ulyssea (g.ulyssea@ucl.ac.uk, Office TBA)

Lectures:听罢叠础
Office hours: TBA

Prerequisites

We strongly recommend that students take or audit EC532 鈥淚nternational Economics for Research Students鈥� during Term 1 at the LSE. This module covers baseline models in international trade that provide useful foundations for the topics course at 最准的六合彩论坛. 最准的六合彩论坛 students can easily register for EC532, and Daniella Harper can assist with the logistics.

Assessment

No formal assessment is required for this skills development PhD module. In order to fully benefit from the module, students are strongly encouraged to complete all assigned reading and participate actively in class. Interested students are welcome to develop a 5-page project proposal that they could pursue as part of their dissertation and receive constructive feedback from the lecturers.
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Reading List

Trade, FDI and financial frictions (Kalina Manova, 3 hours)

• Foley, F. and K. Manova (2015). 鈥淚nternational Trade, Multinational Activity, and Corporate Finance.鈥� Annual Review of Economics 7: 119-46.
• Manova, K. (2013). 鈥淐redit Constraints, Heterogeneous Firms and International Trade.鈥� Review of Economic Studies 80: 711-44.
• Antr脿s, P., Desai, M. and F. Foley (2009). 鈥淢ultinational Firms, FDI Flows and Imperfect Capital Markets.鈥� Quarterly Journal of Economics 124: 1171-219.
• Manova, K., Wei, S.-J. and Z. Zhang (2015). 鈥淔irm Exports and Multinational Activity under Credit Constraints.鈥� Review of Economics and Statistics 97, p.574-88.
• Bilir, K., Chor, D., and K. Manova (2019). 鈥淗ost Country Financial Development and Multinational Activity.鈥� European Economic Review 115: 192-220.
• Berthou, A., Chung, J.H., Manova, K. and C. Sandoz (2018). 鈥淭rade, Productivity and (Mis)allocation." CEPR Working Paper.

Global value chains and production networks (Kalina Manova, 3 hours)

• Antr脿s, P. and D. Chor (2021). 鈥淕lobal Value Chains.鈥� NBER Working Paper 28549.
• Bernard, A. and A. Moxnes (2018). 鈥淣etworks and Trade.鈥� Annual Review of Economics 10: 65-85.
• Bernard, A., Dhyne, E., Magerman, G., Manova, K. and A. Moxnes (2020). 鈥淭he Origins of Firm Heterogeneity: A Production Network Approach." Journal of Political Economy (forthcoming).
• Huang, H., Manova, K. and F. Pisch (2021). 鈥淔irm Heterogeneity and Imperfect Competition in Global Production Networks.鈥� Mimeo.

Trade and Labor Markets (Gabriel Ulyssea, 4 hours)

• Autor, D. H., Dorn, D. and Hanson, G. H. (2013). 鈥淭he China Syndrome: Local Labor Market Impacts of Import Competition in the United States.鈥� American Economic Review 103(6), 2121-2168.
• Autor, D., Dorn, D. and Hanson, G. (2016) 鈥淭he China Shock: Learning about Labor Market Adjustment to Large Changes in Trade.鈥� Annual Review of Economics 8, 205-240.听听 听
• Dix-Carneiro, Rafael, and Brian K. Kovak (2017). "Trade Liberalization and Regional Dynamics." American Economic Review 107: 2908-46.
• Ponczek, Vladimir, and Gabriel Ulyssea (2021). "Enforcement of Labor Regulation and the Labor Market Effects of Trade: Evidence from Brazil." Conditionally accepted at Economic Journal.
• Dix-Carneiro, Rafael, Pinelopi K. Goldberg, Costas Meghir, and Gabriel Ulyssea (2021). 鈥淭rade and Informality in the Presence of Labor Market Frictions and Regulations.鈥� NBER Working Paper 28391.

Trade within countries and development听(Gabriel Ulyssea, 2 hours)

• Donaldson, Dave (2018). "Railroads of the Raj: Estimating the Impact of Transportation Infrastructure." American Economic Review 108: 899-934.
• Atkin, David, and Dave Donaldson (2015). 鈥淲ho's Getting Globalized? The Size and Implications of Intra-national Trade Costs.鈥� NBER Working Paper 21439.
• Donaldson, D. and Hornbeck, R. (2016). 鈥淩ailroads and American Economic Growth: A 鈥淢arket Access鈥� Approach.鈥� Quarterly Journal of Economics 131(2), 799鈥�858.听

Cities and development (Gabriel Ulyssea, 2 hours)

• Ahlfeldt GM, Redding SJ, Sturm DM, Wolf N. (2015). 鈥淭he Economics of Density: Evidence from the Berlin Wall.鈥� Econometrica 83: 2127-89.
• Gharad Bryan, Edward Glaeser, Nick Tsivanidis (2020). 鈥淐ities in the Developing World.鈥� Annual Review of Economics 12: 273-297.
• Tsivanidis, Nick (2019). "Evaluating the Impact of Urban Transit Infrastructure: Evidence from Bogota鈥檚 Transmilenio." Mimeo.

Spatial and general equilibrium spillovers听(Kirill Borusyak, 3 hours)

• Ad茫o, R., Arkolakis, C. and Esposito, F. (2020). 鈥淕eneral Equilibrium Indirect Effects in Space: Theory and Measurement.鈥� Mimeo.
• Ad茫o, R., Koles谩r, M. and Morales, E. (2019). 鈥淪hift-Share Designs: Theory and Inference.鈥� Quarterly Journal of Economics 134(4), 1949鈥�2010.
• Borusyak, K., and Hull, P. (2021). 鈥淣on-Random Exposure to Exogenous Shocks: Theory and Applications.鈥� Mimeo.
• Borusyak, K., Hull, P. and Jaravel, X. (2020). 鈥淨uasi-Experimental Shift-Share Research Designs.鈥� Review of Economic Studies (forthcoming).

Effects of trade on welfare and inequality (Kirill Borusyak, 3 hours)

• Ad茫o, R., Carrillo, P., Costinot, A., Donaldson, D. and Pomeranz, D. (2020). 鈥淓xports, Imports, and Earnings Inequality: Micro-Data and Macro-Lessons from Ecuador.鈥� Mimeo.
• Ad茫o, R., Costinot, A. and Donaldson, D. (2017). 鈥淣onparametric Counterfactual Predictions in Neoclassical Models of International Trade.鈥� American Economic Review 107: 633鈥�689.听
• Arkolakis, C., Costinot, A. and Rodr铆guez-Clare, A. (2012). 鈥淣ew Trade Models, Same Old Gains?鈥� American Economic Review 102: 94-130.听
• Baqaee, D. R. and Farhi, E. (2021). 鈥淣etworks, Barriers, and Trade.鈥� Mimeo.
• Borusyak, K. and Jaravel, X. (2021). 鈥淭he Distributional Effects of Trade: Theory and Evidence from the United States.鈥� Mimeo.

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