General Information

Schedule

There will be two sessions: One on modalities, the other with presentations.

Working with the papers

You are explicitly encouraged to make heavy use of AI — both to understand the papers (models, derivations, key results) and to find and connect related literature. The goal is in-depth understanding: AI is a tool, not a substitute, and you should be able to explain and defend every step yourself. Put your effort into the presentation and genuine understanding rather than length — the written summary is capped at 3 pages.

Module description

The course is part of the module 31-M-Macro2 Macroeconomics 2. More information here.

Questions

Don’t hesitate to contact me in case you have questions: julian.hinz@uni-bielefeld.de or mail@julianhinz.com.

Deadlines for submissions

Summary and presentation: shortly before the presentation session (tba)
All submissions via E-Mail as PDF.

List of papers

Anderson and van Wincoop (2003), “Gravity with Gravitas: A Solution to the Border Puzzle.” American Economic Review, Vol. 93, No. 1, pp. 170-192 (Link to paper) and
Eaton and Kortum (2002), “Technology, Geography and Trade.” Econometrica, Vol. 70, No. 5, pp. 1741–1780 (Link to paper).

Melitz (2003), “The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity.” Econometrica, Vol. 71, No. 6, pp. 1695–1725 (Link to paper). and
Chaney (2008), “Distorted Gravity: Heterogeneous Firms, Market Structure and the Geography of International Trade.” American Economic Review, Vol. 98, No. 4, pp. 1707–1721 (Link to paper).

Donaldson (2018), “Railroads of the Raj: Estimating the Impact of Transportation Infrastructure.” American Economic Review, Vol. 108, No. 4-5, pp. 899-934 (Link to paper) and
Barjamovic, Chaney, Coşar, and Hortaçsu (2019), “Trade, Merchants, and the Lost Cities of the Bronze Age.” The Quarterly Journal of Economics, Vol. 134, No. 3, pp. 1455–1503 (Link to paper).

Arkolakis, Costinot and Rodriguez-Clare (2012), “New Theories, Same Old Gains?” American Economic Review, Vol. 102, No. 1, pp. 94–130 (Link to paper) and
Santos Silva and Tenreyro (2006), “The Log of Gravity.” Review of Economics and Statistics 88(4), 641–658 (Link to paper).

Helpman, Melitz, and Yeaple. (2004), “Exports versus FDI with Heterogeneous Firms.” American Economic Review, 94:1, pp. 300-316 (Link to paper) and
Ramondo and Rodríguez-Clare (2013), “Trade, Multinational Production, and the Gains from Openness.” Journal of Political Economy 121(2), 273–322 (Link to paper).

Caliendo and Parro (2015), “Estimates of the Trade and Welfare Effects of NAFTA.” Review of Economic Studies, Vol. 82, No. 1, pp. 1–44 (Link to paper) and
Dekle, Eaton, and Kortum (2008), “Global Rebalancing with Gravity: Measuring the Burden of Adjustment.” IMF Staff Papers 55 (3), 511–540 (Link to paper).

Fajgelbaum, Goldberg, Kennedy and Khandelwal (2020), “The Return to Protectionism.” The Quarterly Journal of Economics, Vol. 135, No. 1, pp. 1–55 (Link to paper) and
Amiti, Redding and Weinstein (2019), “The Impact of the 2018 Tariffs on Prices and Welfare.” Journal of Economic Perspectives, Vol. 33, No. 4, pp. 187–210 (Link to paper).

Autor, Dorn and Hanson (2013), “The China Syndrome: Local Labor Market Effects of Import Competition in the United States.” American Economic Review, Vol. 103, No. 6, pp. 2121–2168 (Link to paper) and
Caliendo, Dvorkin and Parro (2019), “Trade and Labor Market Dynamics: General Equilibrium Analysis of the China Trade Shock.” Econometrica, Vol. 87, No. 3, pp. 741–835 (Link to paper).

Antràs and Chor (2013), “Organizing the Global Value Chain.” Econometrica, Vol. 81, No. 6, pp. 2127–2204 (Link to paper) and
Alfaro, Antràs, Chor and Conconi (2019), “Internalizing Global Value Chains: A Firm-Level Analysis.” Journal of Political Economy, Vol. 127, No. 2, pp. 508–559 (Link to paper).

Allen and Arkolakis (2014), “Trade and the Topography of the Spatial Economy.” The Quarterly Journal of Economics, Vol. 129, No. 3, pp. 1085–1140 (Link to paper) and
Ahlfeldt, Redding, Sturm and Wolf (2015), “The Economics of Density: Evidence from the Berlin Wall.” Econometrica, Vol. 83, No. 6, pp. 2127–2189 (Link to paper).