International Trade

The field of International Trade is primarily interested in understanding why countries trade and the consequences of trade for their economies, welfare and income distribution. Broad themes include: (1) When is trade mutually beneficial and how large are the gains from trade?; (2) What are the patterns of trade? Who sells what to whom?; and (3) Should governments regulate international trade? Why so or why not?

  Faculty Member
 Rafael Dix-Carneiro

Rafael Dix-Carneiro, Associate Professor of Economics

Professor Dix-Carneiro’s research focuses on the adjustment process triggered by trade and globalization shocks such as trade liberalization episodes or the emergence of China as a key international trade player.

Arkadev Ghosh

Arkadev Ghosh, Assistant Professor of Economics

Professor Ghosh likes to divide his overall research interests into two broad categories. The first investigates how family ties influence economic development outcomes. The second focuses on field experiments and understanding intergroup contact in the Indian context.

Cosmin Ilut

Cosmin Ilut, Professor of Economics

Specifically, Professor Ilut focuses on the role of expectations and how agents incorporate information. He is currently focusing on settings in which agents face model uncertainty. Based on decision theoretical foundations (ambiguity aversion), he studies the role of such uncertainties for understanding macroeconomic issues like business cycle fluctuations, asset pricing and optimal policy.