Email: michael.e.waugh@gmail.com
MICHAEL WAUGH
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Work in Progress 

Heterogeneous Agent Trade, March 2023.
​slides

Pricing Inequality, with Simon Mongey
​slides

The Consumption Response to Trade Shocks: Evidence from the US-China Trade War​, December 2019
Slides for latest version (2022)
Slides (2019/2020 version)
Code repository (2019 version)
Non-technical description  VoxEu column  and highlights in NBER Digest

Quantifying the Losses from International Trade, July 2019, with Spencer Lyon.
Slides 

Trade Models, Trade Elasticities, and the Gains from Trade, 2014, with Ina Simonovska.
Revise and resubmit at The Journal of Political Economy.



Publications/ Forthcoming / Accepted 

The Welfare Effects of Encouraging Rural-Urban Migration, October 2022, with David Lagakos and Mushfiq Mobarak.
Accepted at Econometrica​

Equilibrium Technology Diffusion, Trade, and Growth
,
 with Jesse Perla and Chris Tonetti. 

American Economic Review 111 (1), January 2021
Slides (consistent with AER version)


Can Global Uncertainty Promote International Trade?, with Isaac Baley, Laura Veldkamp.
Journal of International Economics, Volume 126, September 2020.
Slides 

Migration Costs and Observational Returns to Migration in the Developing World
with David Lagakos, Samuel Marshall,  Mushfiq Mobarak, Corey Vernot. 
Journal of Monetary Economics, Volume 113, August 2020
​
International Trade and Intertemporal Substitution, with Fernando Leibovici.
Journal of International Economics, Volume 117, March 2019.
​Web Appendix

Redistributing the Gains From Trade Through Progressive Taxation, with Spencer Lyon.
Journal of International Economics, Volume 115, November 2018.
Slides    Non-technical Summary  ProMarket Blog​ 

Firm Dynamics and Immigration: The Case of High-Skilled Immigration, 2018.
In Talent Flows in the Global Economy, edited by Gordon Hanson, William Kerr, and Sarah Turner.
Slides    Non-Technical Summary

Measuring Openness to Trade, with B. Ravikumar.
Journal of Economic Dynamics and Control, Volume 72, November 2016.​

Agricultural Productivity Differences Across Countries, with Doug Gollin and David Lagakos.
The American Economic Review, Papers and Proceedings, 104 (5): 165-170. May 2014.


The Agricultural Productivity Gap, with Doug Gollin and David Lagakos.
The Quarterly Journal of Economics, 129 (2). May 2014.


The Elasticity of Trade: Estimates and Evidence, with Ina Simonovska.
Journal of International Economics, 92(1): 34-50. January 2014.

2015 Winner of The Bhagwati Award. Selected by the JIE Editorial Board as the best article published in the JIE during 2013 and 2014.

Selection, Agriculture, and Cross-Country Productivity Differences, with David Lagakos,
The American Economic Review, 103(2): 948-980. April 2013.


International Trade and Income Differences,
The American Economic Review, 100(5): 2093-2124. December 2010.

Job Market Version

Older Papers

Worker Heterogeneity, Selection, and the Gains from Trade in Agriculture, with Doug Gollin and David Lagakos.

Minimum Consumption, Uncertainty, and Income Differences, with B. Ravikumar.


Human Capital, Product Quality, and Bilateral Trade, 2008.


Bilateral Trade, Relative Prices, and Trade Costs, 2008.






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