Chang-Tai Hsieh

Tuo Chen · Chang-Tai Hsieh · Zheng (Michael) Song

Chen, Hsieh, and Song study the use of unofficial non-tariff barriers (NTBs) by China during the U.S.-China trade war of 2018–2019 and in the first year of the Phase 1 purchase agreement (2020). The …

Chang-Tai Hsieh

This paper tests the life-cycle/permanent-income hypothesis (LC/PIH) using payments from the Alaska Permanent Fund Dividend (PFD), which are large, regular, and known roughly six months before Alaskan …

Chang-Tai Hsieh · Peter J. Klenow

In a monopolistic-competition model with heterogeneous firms, a plant's revenue productivity should be equalised within an industry unless the plant faces distortions -- so the dispersion of revenue …