Advances in Economics and Econometrics

Part I. Finance: 1. Macroeconomics with financial frictions: a survey Markus K. Brunnermeier, Thomas M. Eisenbach and Yuliy Sannikov; Part II. Political Economy: 2. Institutional comparative statics James A. Robinson and Ragnar Torvik; 3. The political economy of mass media Andrea Prat and David Strömberg; 4. Comments on Prat and Strömberg, and Robinson and Torvik Marco Battaglini; 5. Job search, labor force participation, and wage rigidities Robert Shimer; 6. From wages to welfare: decomposing gains and losses from rising inequality Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante; Part III. Trade and Firm Dynamics: 7. Trade liberalization and firm dynamics Ariel Burstein and Marc J. Melitz; 8. International trade: linking micro and macro Jonathan Eaton, Samuel Kortum and Sebastian Sotelo; Part IV. Growth: 9. Structural development accounting Gino Gancia, Andreas Müller and Fabrizio Zilibotti; 10. Misallocation, economic growth, and input-output economics Charles I. Jones; Part V. Frisch Lecture: 11. Trade and labor market outcomes Elhanan Helpman, Oleg Itskhoki and Stephen Redding; Part VI. Perspectives on Chinese Economic Growth: 12. The China miracle demystified Justin Y. Lin; 13. Is precocious export sophistication a source of China's growth success? Computing the share of domestic value added in exports when processing trade is prevalent Robert Koopman, Zhi Wang and Shang-Jin Wei; 14. Perspectives on China's economic growth patent rights Yingyi Qian.