Research Projects

“Trade Exposures in Local Pricing”

Senior Honors Thesis. Advisors: Prof. Lydia Cox & Prof. Jesse Gregory

Abstract. (available soon)

Preliminary Figure.

Listing Exposure

Junior Honors Proposal. [Draft] [Slide] [Slide-short]

Abstract. I explore how the import demand of multinationals (MNEs) responds to a short-term tariff shock given the heterogeneity in shares of related-party imports. In particular, I focus on estimating the trade elasticities of MNEs during the 2017-18 Trump tariff period. Building on Amiti et al. (2019) and Fajgelbaum et al. (2020), I estimated the elasticities of related-party imports to be between -1.578 and -1.955 and more elastic than their arms-length counterparts. The preliminary finding of MNE importers/industry being more responsive to tariff changes than non-MNE counterparts under complete tariff pass-through may reflect their profit shifting process in a very short run.

Research Experience

University of Wisconsin–Madison: