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Institutional Quality and International Trade
Institutions—quality of contract enforcement, property rights, shareholder protection, and the like—have received a great deal of attention in recent years. Yet trade theory has not considered theExpand
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Trade Openness and Volatility
This paper examines the mechanisms through which output volatility is related to trade openness using an industry-level panel dataset of manufacturing production and trade. The main results areExpand
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International Trade and Institutional Change
This paper analyzes the impact of international trade on the quality of institutions, such as contract enforcement, property rights, or investor protection. It presents a model in which imperfectExpand
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Do Some Forms of Financial Flows Help Protect Against “Sudden Stops”?
There is a debate on whether some forms of financial flows offer better protection against crises than others. Using a large panel data set that includes advanced, emerging, and developing economiesExpand
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The Distributional Consequences of Large Devaluations
We study the impact of large exchange rate devaluations on the cost of living at different points on the income distribution. Poor households spend relatively more on tradeable product categories,Expand
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Comparative Advantage and the Welfare Impact of European Integration
This paper investigates the welfare gains from European trade integration, and the role of comparative advantage in determining the magnitude of those gains. We use a multi�?sector Ricardian modelExpand
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Comparative Advantage, Complexity and Volatility
Less developed countries tend to experience higher output volatility, a fact that is, in part, explained by their specialization in more volatile sectors. This paper proposes theoretical explanationsExpand
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Kinetics of Sodium Dodecyl Sulfate Adsorption on and Desorption from Self-Assembled Monolayers Measured by Surface Plasmon Resonance
By use of a flow cell in conjunction with surface plasmon resonance, experimental results are obtained for the intrinsic kinetics of sodium dodecyl sulfate (SDS) adsorption on and desorption fromExpand
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Foreign Shocks as Granular Fluctuations∗
This paper uses a dataset covering the universe of French firm-level sales, imports, and exports over the period 1993-2007, and a quantitative multi-country model to study the internationalExpand
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