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marked with an * will be summarized by a randomly selected student (lottery with replacement)at the beginning of each class in a presentation with a maximum of 5 slides. This should includethe objective of the paper, its contribution to the literature, its strategy, and main results. Lectures1.Neoclassical trade theory, general model: a.DN, ch. 1-32.Two neoclassical models in brief:a.Armington modeli.Anderson (1979)ii.Anderson and van Wincoop (2003)iii.EK, ch. 2 and 3b.Hecksher-Ohlin modeli.Feenstra ch. 2 and 3. 3.Ricardian modela.The 2x2 Ricardian model (check supplementary notes)b.Dornbusch-Fisher-Samuelson (1977) modelc.Multi-country extensions: i.Costinot (2009), Wilson (1980) and Eaton and Kortum (2002) d.Additional material (optional):i.Optimal Policy in the DFS setting: Costinot, Donaldson, Vogel, Werning (2015) 4.The EK frameworka.Eaton and Kortum (2002)b.Multi-sector EK model: Costinot, Donaldson and Komunjer (2011)c.Background reading: i.EK chapters 4 – 6ii.Alvarez and Lucas (2007)iii.Great overview: Eaton and Kortum (2012)iv.Simonovska and Waugh (2014)v.Adao, Costinot and Donaldson (2016)5.More EK: trade, scale effects, and growtha.Trade and growth in EK: Eaton and Kortum (2001)b.Heterogeneous firms in EK: Bernard, Eaton, Jensen and Kortum (2003)c.Scale effects: Ramondo, Rodriguez-Clare and Rodriguez-Saborio (2016)6.“New” and “New New” Trade Theorya.Krugman (1979, 1980) -- see also F, ch 5, and DN, ch. 9.b.Helpman-Krugman synthesis: HK, ch. 6 and 7c.Melitz (2003)d.Hsieh, Li, Ossa and Yang (2016)e.Additional material (optional):2
i.The Melitz model in a small-open economy: 1.Demidova and Rodriguez-Clare (2011)ii.Optimal policy in the Melitz framework:1.Demidova and Rodriguez-Clare (2009)2.Felbermayr, Jung and Larch (2013)3.Costinot, Rodriguez-Clare, and Werning (2016)7.Quantitative Melitz Modela.Chaney (2008) and Arkolakis, Demidova, Klenow and Rodriguez-Clare (2009)b.Matching more micro facts: i.Eaton, Kortum and Kramarz (2011) ii.Arkolakis (2010)iii.Eaton, Kortum and Sotelo (2012)iv.Fernandes, Klenow, Meleshchuk, Pierola, and Rodriguez-Clare (2016)8.Gains from tradea.Arkolakis, Costinot and Rodriguez-Clare (2012)b.Atkeson and Burstein (2010)c.Costinot and Rodriguez-Clare (2014)d.Kucheryavyy, Lyn and Rodriguez-Clare (2017)e.Galle, Rodriguez-Clare, and Yi (2017)f.Additional material (optional):i.Arkolakis, Costinot, Donaldson, and Rodriguez-Clare (2015)ii.Edmond, Midrigan and Xu (2015)iii.Burstein and Cravino (2013)iv.Caliendo and Parro (2014)9.Empirical evidence on the gains from tradea.Feyrer (2009) – Suez Canal paper hereb.* Donaldson (2015) – job market paper AER forthcomingc.Costinot and Donaldson (2016) – hered.Donaldson (2015) – Gains from Market Integration, review paper heree.Atkin, Gonzalez-Navarro and Faber (JPE, 2016), “Retail Globalization and Household Welfare,” here10.Trade and diffusion of ideasa.* Buera and Oberfield, “The Global Diffusion of Ideas” hereb.Perla, Tonetti and Waugh, “Equilibrium Technology Diffusion, Trade and Growth,” herec.Sampson (QJE, 2015), “Dynamic Selection…” here11.Distributional implications of tradea.* Autor, Dorn and Hanson (AER, 2013), “The China Syndrome”b.

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