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作者：Agarwal, Nikhil; Athey, Susan; Yang, David
作者单位：Harvard University
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作者：Bhattacharya, Jay; Shaikh, Azeem M.; Vytlacil, Edward
作者单位：Stanford University; University of Chicago; Yale University
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作者：Esty, Daniel C.
作者单位：Yale University
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作者：Atkeson, Andrew; Burstein, Ariel
作者单位：University of California System; University of California Los Angeles
摘要：International relative prices across industrialized countries show large and systematic deviations from relative purchasing power parity. We embed a model of imperfect competition and variable markups in a quantitative model of international trade. We find that when our model is parameterized to match salient features of the data on international trade and market structure in the United States, it can reproduce deviations from relative purchasing power parity similar to those observed in the d...
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作者：McIntosh, Molly Fifer
作者单位：Princeton University
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作者：Battaglini, Marco; Coate, Stephen
作者单位：Princeton University; Cornell University
摘要：This paper presents a political economy theory of fiscal policy. Policy choices are made by a legislature that can raise revenues via an income tax and by borrowing. Revenues can be used to finance a public good, whose value is stochastic, and pork-barrel spending. Policymaking cycles between a business-as-usual regime in which legislators bargain over pork, and a responsible policymaking regime in which policies maximize the collective good. Transitions between regimes are brought about by sh...
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作者：Steinsson, Jon
作者单位：Columbia University
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作者：Grossman, Gene A.; Rossi-Hansberg, Esteban
作者单位：Princeton University
摘要：We propose a theory of the global production process that focuses on tradeable tasks, and use it to study how falling costs of offshoring affect factor prices in the source country. We identify a productivity effect of task trade that benefits the factor whose tasks are more easily moved offshore. In the light of this effect, reductions in the cost of trading tasks can generate shared gains for all domestic factors, in contrast to the distributional conflict that typically results from reducti...
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作者：[Anonymous]
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作者：Mammen, Kristin
作者单位：Columbia University
