S Garetto - Work. Pap., Univ. Chic, 2008 - nber.org
Abstract A large portion of world trade happens within firms' boundaries. This paper
proposes a new general equilibrium framework where firms decide whether to outsource to
unaffiliated suppliers or to integrate input manufacturing. Multinational corporations and ...
JL Fillat… - Manuscript, Boston University, 2009 - nber.org
Abstract This paper starts by unveiling a new empirical regularity: multinational corporations
tend to exhibit systematically higher returns and earnings yields than non-multinational
firms. Within non-multinationals, exporters tend to have higher earnings yields and returns ...
S Garetto - Manuscript, Boston University, 2009 - 128.197.153.21
Abstract A large body of empirical work documents the fact that prices of traded goods
typically change by a smaller proportion than the real exchange rates between the trading
countries (incomplete pass-through). Moreover, the wedge between exchange rates and ...
[CITATION] Heterogeneous Patterns of Technology Adoption: How They May Arise and Their Effects on Growth
S Garetto - 2004
S Garetto - 2008 - books.google.com
A large portion of world trade happens within firms' boundaries. The first chapter of this
thesis proposes a new general equilibrium framework where firms decide whether to
outsource to unaffiliated suppliers or to integrate input manufacturing. Multinational ...
[CITATION] Firms' Trade Options and Incomplete Pass—Through
S Garetto - 2007
S Garetto - sws.bu.edu
Main idea: Y= C+ I, so production more volatile than sales if inventories investment is
procyclical. If inventories are relatively more important for traded goods, in a downturn we
should expect trade to fall more (to be more volatile) than both total production and sales.
[CITATION] The Economics of Input Sourcing: Trade, Vertical Integration and the Gains from Multinational Production
S Garetto - 2007
S Garetto - sws1.bu.edu
When introducing models with heterogeneous firms, we motivated them with a series of facts
highlighting differences in firm-level performance between exporters and non-exporters.
Today: a survey of empirical articles that study different aspects of the relationship ...
R Clifford, J Stavins, PPB No, R Bubb… - New England Public …, 2011 - bos.frb.org
... Risk, Returns, and Multinational Production by José L. Fillat and Stefania Garetto QAU Working
Paper 10-5; Addressing the Pro-cyclicality of Capital Requirements with a Dynamic Loan Loss
Provision System by José L. Fillat and Judit Montoriol-Garriga QAU Working Paper 10 ...
S Garetto - 2009 - sws.bu.edu
Page 1. 1 / 17 International Trade Empirics of Firm-Level Productivity: a Survey Stefania Garetto
October 27, 2009 Page 2. Introduction Introduction BJRS 2007 BJ 1999 BJ 2004 BJS 2006 Tybout
HIT 2 / 17 When introducing models with heterogeneous firms, we motivated them ...
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