Three essays on international economics

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2021-05
Authors
Kim, Gyu Hyun
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Balistreri, Edward J
Lence, Sergio H
Lyn, Gary
Moschini, GianCarlo
Singh, Rajesh
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Economics
Abstract
This dissertation consists of two essays on trade and one on international finance. Chapter 2 studies how international trade lowers markups of multiple varieties produced by a discrete heterogeneous firm as a short-run equilibrium. Chapter 3 assesses a two-step estimation method recently used under the WTO Article 22.6 arbitration. Specifically, this paper focuses on the two latest arbitration cases using the Armington framework: Korea's large residential washers (LRW) (case DS464) and anti-dumping duty case involving China (case DS471). Chapter 4 considers how equity home bias is related to a country-level behavioral factor (unfamiliarity) when domestic investors have limited information about foreign equities.
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