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Publications

• Firms and Credit Constraints along the Global Value Chain: Processing Trade in China
  http://www.voxeu.org, May 13, 2013. VOX column based on full academic article "Firms and Credit Constraints along the Global Value Chain: Processing Trade in China". (with Zhihong Yu)

• Credit Constraints, Heterogeneous Firms, and International Trade
  Forthcoming at the Review of Economic Studies. Updated version of NBER Working Paper 14531.

• Export Prices across Firms and Destinations
  
Quarterly Journal of Economics 127 (2012), p.379-436. Updated version of NBER Working Paper 15342. (with Zhiwei Zhang)

• Off the Cliff and Back: Credit Conditions and International Trade during the Global Financial Crisis
  Journal of International Economics 87 (2012), p.117-133. Updated version of NBER Working Paper 16174. Featured in The NBER Digest, December 2010. (with Davin Chor)

• Credit Conditions and the Great Trade Collapse
  http://www.voxeu.org, February 15, 2010. VOX column based on full academic article "Off the Cliff and Back: Credit Conditions and International Trade during the Global Financial Crisis". (with Davin Chor)

• Credit Constraints and the Adjustment to Trade Reform
  2010. In G. Porto and B. Hoekman ed., Trade Adjustment Costs in Developing Countries: Impacts, Determinants and Policy Responses, The World Bank and CEPR.

• Volatility and Growth: Credit Constraints and the Composition of Investment
  Journal of Monetary Economics 57 (2010), p.246-265. Updated version of NBER Working Paper 11349. (with Philippe Aghion, Marios Angeletos and Abhijit Banerjee)

• Credit Constraints, Equity Market Liberalizations and International Trade
  
Journal of International Economics 76 (2008), p.33-47. Data

Working Papers