This article reviews the empirical evidence on firm heterogeneity in international trade. A first
wave of empirical findings from microdata on plants and firms proposed challenges for …

This chapter reviews the new approach to international trade based on firm heterogeneity in
differentiated product markets. This approach explains a variety of features exhibited in …

We study the impact of the Covid-19 pandemic on Euro Area inflation and how it compares
to the experiences of other countries, such as the United States, over the two-year period …

This paper documents that intermediaries play an important role in facilitating international
trade. We modify a heterogeneous firm model to allow for an intermediary sector. The model …

Research in international trade has changed dramatically over the last twenty years, as
attention has shifted from countries and industries towards the firms actually engaged in …

We examine how many and what kind of firms ultimately rely on foreign inputs, sell to foreign
markets, and are affected by trade shocks. To capture that firms can trade indirectly by …

We use relatively unexplored dimensions of US microdata to examine how US
manufacturing employment has evolved across industries, firms, establishments and …

Domestic institutions can have profound effects on international trade. This chapter reviews
the theoretical and empirical underpinnings of this insight. Particular attention is paid to …

This paper investigates the change in worker flows (ie net growth, but also hiring and
separation rates) around an investment in automation-intensive goods and, within firms …

More than 80 percent of US imports occur in preexisting firm-to-firm relationships, and
disruptions to them can have large and long-lasting effects. Using US Census data, this …