Expertise
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The results show that idiosyncratic reactions of large firms to common shocks matter for aggregate export fluctuations
Using micro data on import values and quantities by product and countries of origin, we quantify the effect of imports f
The factor-proportions channel implies that reductions in offshoring costs lead to skill upgrading by French firms.
We develop a simple model to study how globalization affects wage inequalities.
We estimate the impact of international trade on wages using data for French manufacturing firms.
Worker bargaining power reduces intra-firm imports by French multinationals.
Technological incompatibilities reduce the welfare gains from openness to FDI.
We develop a model to study the interactions between a supplier's financial constraints and contract incompleteness.
. We develop an empirical study on the impact of the WACC on private firms' investment rates.