Faculty Director


In 1990, the cross-border flow of goods and cross-border holdings of stocks and bonds both equaled roughly one-quarter of global GDP. Since then, international trade in goods has doubled relative to GDP and international trade in assets has grown even more rapidly. In today’s interconnected world, nearly all major companies import some of their intermediate inputs from foreign suppliers and obtain some of their capital funding from foreign investors. Furthermore, changes in each country’s interest rates, policies such as tariffs, and technology now transmit more rapidly from country to country with greater potential to shape global growth.

The International Economics Initiative brings together prominent UChicago faculty whose research informs these crucial topics and facilitates application of leading academic frameworks to real-world policy analysis by organizing and disseminating common data platforms for analysis.

Associated Working Papers

BFI Working Paper Apr 18, 2019

The Production, Relocation, and Price Effects of US Trade Policy: The Case of Washing Machines

Aaron Flaaen, Ali Hortaçsu, Felix Tintelnot
Topics:  Industrial Organization, Tax & Budget
BFI Working Paper Mar 21, 2019

Cities, Lights, and Skills in Developing Economies

Jonathan Dingel, Antonio Miscio, Donald R. Davis
Topics:  Technology & Innovation
BFI Working Paper Feb 10, 2019

Spatial Linkages, Global Shocks, and Local Labor Markets: Theory and Evidence

Rodrigo Adão, Costas Arkolakis, Federico Esposito

Associated News

Media Mention May 13, 2019

Here’s how tariffs impact a common household item

MSNBC Morning Joe; Ali Hortaçsu, Felix Tintelnot
Topics:  Industrial Organization
Media Mention May 10, 2019

U.S. Consumers Poised to Take the Hit From Higher Tariffs on Imports From China

Wall Street Journal; Ali Hortaçsu, Felix Tintelnot
Topics:  Industrial Organization
Media Mention May 7, 2019

How Trump’s China Tariffs Could Hurt American Consumers

Fortune; Ali Hortaçsu, Felix Tintelnot
Topics:  Employment & Wages, Industrial Organization, Tax & Budget