Economists and Research Contacts
George Alessandria
Senior Economist
Phone: (215) 574-6402
Fax: (215) 574-4303
E-mail: George.Alessandria@phil.frb.org
Curriculum vitae (PDF)
Working Papers
- "Inventories, Lumpy Trade, and Large Devaluations," with Joseph Kaboski and Virgiliu Midrigan, Working Paper 08-3, January 2008.
- "Pricing-to-Market and the Failure of Absolute PPP," with Joseph Kaboski, Working Paper 07-29, September 2007.
- "Establishment Heterogeneity, Exporter Dynamics, and the Effects of Trade Liberalization," with Horag Choi, Working Paper 07-17, July 2007.
- "Do Sunk Costs of Exporting Matter for Net Export Dynamics," Working Paper 05-20, September 2005 (with Horag Choi). Revision forthcoming in Quarterly Journal of Economics.
- "Consumer Search, Price Dispersion, and International Relative Price Volatility," Working Paper 05-9, May 2005.
- "Trade and the (Dis) Incentive to Reform Labor Markets: The Case of Reform in the European Union," Working Paper 04-18, September 2004.
- "Violating Purchasing Power Parity," Working Paper 04-19, September 2004.
Publications
- "Trade and the (Dis) Incentive to Labor Market Reform," (with Alain Delacroix), Journal of International Economics, forthcoming.
- "Consumer Search, Price Dispersion and International Relative Price Fluctuations," International Economic Review, forthcoming.
- "Do Sunk Costs of Exporting Matter for Net Export Dynamics?" with Horag Choi, forthcoming in Quarterly Journal of Economics (February 2007), pp. 289-336.
- “International Deviations from the Law of One Price: The Role of Search Frictions and Market Share,” International Economic Review (November 2004), pp. 1263-91.
- "Endogenous Financial Intermediation and Real Effects of Capital Account Liberalization,” (with Jun Qian, Boston College), Journal of International Economics (September 2005), pp. 97-128.
Federal Reserve Bank of Philadelphia Business Review Articles
- “Why Are Goods So Cheap in Some Countries?,” with Joseph Kaboski, Second Quarter 2008.
- “Trade Deficits Aren’t as Bad as You Think,” First Quarter 2007.
Research Interests
- Empirical and Theoretical Issues in International Trade and Finance
Consumer Search


