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Essays on International Trade, Financial Intermediation, and Networks
Essays on International Trade, Financial Intermediation, and Networks
상세정보
- 자료유형
- 학위논문 서양
- 최종처리일시
- 20260202103134
- ISBN
- 9798280709928
- DDC
- 658
- 저자명
- Alekseev, Maxim.
- 서명/저자
- Essays on International Trade, Financial Intermediation, and Networks
- 발행사항
- [Sl] : Harvard University, 2025
- 발행사항
- Ann Arbor : ProQuest Dissertations & Theses, 2025
- 형태사항
- 319 p
- 주기사항
- Source: Dissertations Abstracts International, Volume: 86-12, Section: A.
- 주기사항
- Advisor: Antras, Pol.
- 학위논문주기
- Thesis (Ph.D.)--Harvard University, 2025.
- 초록/해제
- 요약This dissertation studies various aspects of how the macroeconomy is shaped by international trade and financial intermediation.The first chapter analyzes trade in dual-use goods, items with both civilian and military applications. Xinyue Lin and I document that, historically, regulation and trade flows of critical goods have reacted to changes in the national security environment. We propose a theoretical definition of dual-use goods by integrating a military contest into a trade model. Then we take our model to the data and deliver a ranking of dual-use goods, as well as macroeconomic magnitudes behind the consumption-security trade-off.The second chapter, a joint work with Leonardo D'Amico, studies the dynamics of interest rate differentials for bank lending across the U.S. states between 1953 and 1983. When the national rate is high, savers invest in competitive financial instruments, and rates equalize across space. When the national rate is low, savers keep their money in checking accounts that provide liquidity services, so demand for loans and supply of savings clear locally, resulting in a geographic dispersion of lending rates. Our model explores the spatial implications of this pattern for economic activity and considers branching counterfactuals.The third, and final, chapter explores patterns of international currency invoicing and its implications for prices and quantities. When firms lock contracts on prices and quantities, their balance sheets become exposed to exchange rate movements. To reduce balance sheet volatility, firms match currencies of their exports to currencies of their imports. In networks, such invoicing behavior propagates beyond direct trade links, which leads to the amplification of more central currencies.
- 일반주제명
- Finance
- 키워드
- Networks
- 기타저자
- Harvard University Business Economics
- 기본자료저록
- Dissertations Abstracts International. 86-12A.
- 전자적 위치 및 접속
- 로그인 후 원문을 볼 수 있습니다.
MARC
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■020 ▼a9798280709928
■035 ▼a(MiAaPQ)AAI31940674
■040 ▼aMiAaPQ▼cMiAaPQ
■0820 ▼a658
■1001 ▼aAlekseev, Maxim.▼0(orcid)0009-0009-4505-3206
■24510▼aEssays on International Trade, Financial Intermediation, and Networks
■260 ▼a[Sl]▼bHarvard University▼c2025
■260 1▼aAnn Arbor▼bProQuest Dissertations & Theses▼c2025
■300 ▼a319 p
■500 ▼aSource: Dissertations Abstracts International, Volume: 86-12, Section: A.
■500 ▼aAdvisor: Antras, Pol.
■5021 ▼aThesis (Ph.D.)--Harvard University, 2025.
■520 ▼aThis dissertation studies various aspects of how the macroeconomy is shaped by international trade and financial intermediation.The first chapter analyzes trade in dual-use goods, items with both civilian and military applications. Xinyue Lin and I document that, historically, regulation and trade flows of critical goods have reacted to changes in the national security environment. We propose a theoretical definition of dual-use goods by integrating a military contest into a trade model. Then we take our model to the data and deliver a ranking of dual-use goods, as well as macroeconomic magnitudes behind the consumption-security trade-off.The second chapter, a joint work with Leonardo D'Amico, studies the dynamics of interest rate differentials for bank lending across the U.S. states between 1953 and 1983. When the national rate is high, savers invest in competitive financial instruments, and rates equalize across space. When the national rate is low, savers keep their money in checking accounts that provide liquidity services, so demand for loans and supply of savings clear locally, resulting in a geographic dispersion of lending rates. Our model explores the spatial implications of this pattern for economic activity and considers branching counterfactuals.The third, and final, chapter explores patterns of international currency invoicing and its implications for prices and quantities. When firms lock contracts on prices and quantities, their balance sheets become exposed to exchange rate movements. To reduce balance sheet volatility, firms match currencies of their exports to currencies of their imports. In networks, such invoicing behavior propagates beyond direct trade links, which leads to the amplification of more central currencies.
■590 ▼aSchool code: 0084.
■650 4▼aFinance
■653 ▼aFinancial intermediation
■653 ▼aInternational trade
■653 ▼aNetworks
■690 ▼a0501
■690 ▼a0601
■690 ▼a0508
■71020▼aHarvard University▼bBusiness Economics.
■7730 ▼tDissertations Abstracts International▼g86-12A.
■790 ▼a0084
■791 ▼aPh.D.
■792 ▼a2025
■793 ▼aEnglish
■85640▼uhttp://www.riss.kr/pdu/ddodLink.do?id=T17357119▼nKERIS▼z이 자료의 원문은 한국교육학술정보원에서 제공합니다.
