in The Review of Economic Studies
October 2015; p ublished online April 2015 .
Journal Article. Subjects: Prices, Business Fluctuations, and Cycles; International Trade; Market Structure, Firm Strategy, and Market Performance. 24143 words.
I study the positive relationship between prices of tradable goods and per capita income. I develop a highly tractable general equilibrium model of international trade with heterogeneous...
in The Review of Financial Studies
June 2018; p ublished online January 2018 .
Journal Article. Subjects: Economics; Market Structure, Firm Strategy, and Market Performance; Market Structure and Pricing. 25024 words.
We examine product differentiation in the high-frequency trading (HFT) industry, where the “products” are secretive proprietary trading strategies. We...
in Journal of Competition Law & Economics
December 2009; p ublished online August 2009 .
Journal Article. Subjects: Antitrust Issues and Policies; Marketing; Services; Market Structure, Firm Strategy, and Market Performance. 21017 words.
Search firms provide matchmaking services between consumers and suppliers that are central to the efficiency of the economy. The significant economic contributions of search firms as...