Kei-Mu Yi

University of Houston - Department of Economics

Houston, TX 77204-5882

United States

Federal Reserve Banks - Federal Reserve Bank of Minneapolis

90 Hennepin Avenue

Minneapolis, MN 55480

United States

  • Federal Reserve Banks - Federal Reserve Bank of Minneapolis

SCHOLARLY PAPERS

21

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Scholarly Papers (21)

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1.

Vertical Specialization and the Changing Nature of World Trade

Economic Policy Review, Vol. 4, No. 2, June 1998
Number of pages: 21 Posted: 23 Oct 2007
David L. Hummels, Dana Rapoport and Kei-Mu Yi
Purdue University - Department of Economics, affiliation not provided to SSRN and University of Houston - Department of Economics
Downloads 957 (22,592)

Abstract:

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vertical specialization

2.

The Nature and Growth of Vertical Specialization in World Trade

FRB of New York Staff Report No. 72
Number of pages: 53 Posted: 14 May 1999
David L. Hummels, Jun Ishii and Kei-Mu Yi
Purdue University - Department of Economics, Amherst College and University of Houston - Department of Economics
Downloads 600 (43,065)

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3.

Can Vertical Specialization Explain the Growth of World Trade?

Downloads 258 (116,293)

Can Vertical Specialization Explain the Growth of World Trade?

FRB of New York Staff Report No. 96
Number of pages: 45 Posted: 31 Jan 2000
Kei-Mu Yi
University of Houston - Department of Economics
Downloads 258 (115,769)

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Can Vertical Specialization Explain the Growth of World Trade?

Journal of Political Economy, Vol. 111, February 2003
Posted: 03 Apr 2003
Kei-Mu Yi
University of Houston - Department of Economics

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4.

Can World Real Interest Rates Explain Business Cycles in a Small Open Economy?

FRB of New York Staff Report No. 94
Number of pages: 27 Posted: 20 Feb 2000
William F. Blankenau, M. Ayhan Kose and Kei-Mu Yi
Kansas State University - Department of Economics, Development Prospects Group at the World Bank and University of Houston - Department of Economics
Downloads 232 (129,570)

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world interest rates, business cycles, dynamic stochastic general equilibrium models, small open economy

5.

The Trade Comovement Problem in International Macroeconomics

FRB of New York Staff Report No. 155
Number of pages: 30 Posted: 04 Apr 2003
M. Ayhan Kose and Kei-Mu Yi
Development Prospects Group at the World Bank and University of Houston - Department of Economics
Downloads 211 (142,010)

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international trade, international business cycles, comovement, stochastic dynamic business cycle model, synchronization

6.

Can the Standard International Business Cycle Model Explain the Relation between Trade and Comovement?

Downloads 151 (191,207)

Can the Standard International Business Cycle Model Explain the Relation between Trade and Comovement?

IMF Working Paper No. 05/204
Number of pages: 40 Posted: 03 Mar 2006
M. Ayhan Kose and Kei-Mu Yi
Development Prospects Group at the World Bank and University of Houston - Department of Economics
Downloads 85 (291,847)

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international trade, international business cycle comovement

Can the Standard International Business Cycle Model Explain the Relation between Trade and Comovement?

FRB Philadelphia Working Paper No. 05-3
Number of pages: 39 Posted: 16 May 2005
M. Ayhan Kose and Kei-Mu Yi
Development Prospects Group at the World Bank and University of Houston - Department of Economics
Downloads 66 (338,242)

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International trade, International business cycle comovement

7.

Vertical Specialization and the Border Effect Puzzle

FRB Philadelphia Working Paper No. 05-24
Number of pages: 46 Posted: 11 Nov 2005
Kei-Mu Yi
University of Houston - Department of Economics
Downloads 149 (193,335)

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Border effect, Home bias in consumption, Trade costs, U.S.-Canada trade, Vertical specialization

8.

Curbing Unemployment in Europe: Are There Lessons from Ireland and the Netherlands?

Current Issues in Economics and Finance, Vol. 7, No. 5, May 2001
Number of pages: 6 Posted: 12 Apr 2005
Cédric Tille and Kei-Mu Yi
Graduate Institute of International and Development Studies (HEI) and University of Houston - Department of Economics
Downloads 129 (217,027)

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unemployment, labor market reforms, wage moderation

9.

Asia Crisis Postmortem: Where Did the Money Go and Did the United States Benefit?

Economic Policy Review, Vol. 6, No. 3, September 2000
Number of pages: 20 Posted: 07 Mar 2006
Eric van Wincoop and Kei-Mu Yi
University of Virginia - Department of Economics and University of Houston - Department of Economics
Downloads 115 (236,554)

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Asia Crisis, U.S. economy, capital outflows

10.

Can Multi-Stage Production Explain the Home Bias in Trade?

FRB of Philadelphia Working Paper No. 08-12
Number of pages: 41 Posted: 01 Jul 2008
Kei-Mu Yi
University of Houston - Department of Economics
Downloads 107 (248,960)

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border effect, multi-stage production, trade costs, U.S.-Canada trade, vertical specialization, calibration, home bias in international trade

11.

How Much of South Korea's Growth Miracle Can Be Explained by Trade Policy?

FRB of Philadelphia Working Paper No. 09-19
Number of pages: 36 Posted: 21 Aug 2009 Last Revised: 09 Oct 2009
Michelle Connolly and Kei-Mu Yi
Duke University - Department of Economics and University of Houston - Department of Economics
Downloads 103 (255,623)

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Growth, trade, calibration, multi-stage production, South Korea

12.

A Tale of Two States: Maharashtra and West Bengal

FRB of Philadelphia Working Paper No. 06-16
Number of pages: 40 Posted: 21 Sep 2006
Amartya Lahiri and Kei-Mu Yi
University of British Columbia (UBC) - Department of Economics and University of Houston - Department of Economics
Downloads 77 (306,857)

Abstract:

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Maharashtra, West Bengal, Indian states, development

13.

The Effects of a Booming Economy on the U.S. Trade Deficit

Current Issues in Economics and Finance, Vol. 7, No. 2, February 2001
Number of pages: 6 Posted: 12 Apr 2005
Kei-Mu Yi and Stefan Papaioannou
University of Houston - Department of Economics and VNU, Inc.
Downloads 74 (314,019)

Abstract:

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potential output, trade deficit

14.

Language, Learning, and Location

Downloads 71 (321,288)

Language, Learning, and Location

FRB of New York Staff Report No. 26
Number of pages: 25 Posted: 22 Jun 2007
Andrew John and Kei-Mu Yi
affiliation not provided to SSRN and University of Houston - Department of Economics
Downloads 71 (324,908)

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language, learning, location, assimilation, geography

Language, Learning, and Location

Federal Reserve Bank of New York Staff Reports No. 26
Posted: 05 May 1998
Andrew John and Kei-Mu Yi
affiliation not provided to SSRN and University of Houston - Department of Economics

Abstract:

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15.

Demand Spillovers and the Collapse of Trade in the Global Recession

IMF Working Paper No. 10/142
Number of pages: 46 Posted: 21 Jun 2010
Kei-Mu Yi, Robert C. Johnson and Rudolfs Bems
University of Houston - Department of Economics, Dartmouth College and International Monetary Fund (IMF)
Downloads 52 (375,152)

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Economic recession, Global Financial Crisis 2008-2009, Spillovers, Demand elasticity, Gross domestic product, International trade

16.

Why is Manufacturing Trade Rising Even as Manufacturing Output is Falling?

FRB of Philadelphia Working Paper No. 04-4
Number of pages: 15 Posted: 08 Jun 2006
Raphael Bergoeing, Timothy J. Kehoe, Vanessa Strauss-Kahn and Kei-Mu Yi
affiliation not provided to SSRN, University of Minnesota - Twin Cities - Department of Economics, INSEAD - Economics and Political Sciences and University of Houston - Department of Economics
Downloads 48 (388,459)

Abstract:

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Manufacturing

17.

Structural Change in an Open Economy

FRB of Chicago Working Paper No. 2013-09
Number of pages: 61 Posted: 05 Sep 2013
Timothy Lim Uy, Kei-Mu Yi and Jing Zhang
University of Minnesota - Minneapolis, University of Houston - Department of Economics and University of Michigan at Ann Arbor
Downloads 41 (413,328)

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structural transformation, international trade, sectoral labor reallocation

18.

The Great Trade Collapse

Downloads 24 (489,980)

The Great Trade Collapse

NBER Working Paper No. w18632
Number of pages: 36 Posted: 22 Dec 2012
Rudolfs Bems, Robert C. Johnson and Kei-Mu Yi
International Monetary Fund (IMF), Dartmouth College and University of Houston - Department of Economics
Downloads 24 (504,942)

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The Great Trade Collapse

Annual Review of Economics, Vol. 5, pp. 375-400, 2013
Posted: 07 Aug 2013
Rudolfs Bems, Robert C. Johnson and Kei-Mu Yi
International Monetary Fund (IMF), Dartmouth College and University of Houston - Department of Economics

Abstract:

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19.

Gains from Trade: Does Sectoral Heterogeneity Matter?

Globalization and Monetary Policy Institute Working Paper No. 341
Number of pages: 54 Posted: 15 Jun 2018 Last Revised: 21 Feb 2019
Hakan Yilmazkuday, Kei-Mu Yi and Rahul Giri
Florida International University (FIU) - Department of Economics, University of Houston - Department of Economics and Centro de Investigación (CIE), Instituto Tecnológico Autónomo de México (ITAM)
Downloads 8 (583,481)

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gains from trade, estimated trade elasticities, simulated method of moments, sectoral heterogeneity, international price dispersion, multi-sector trade

20.

Structural Transformation in an Open Economy

Posted: 18 Dec 2009
Kei-Mu Yi and Jing Zhang
University of Houston - Department of Economics and University of Michigan at Ann Arbor

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Structural transformation, structural change, Ricardian trade

21.

Is There Endogenous Long-Run Growth?: Evidence from the U.S. And the U.K.

Downloads 0 (657,341)

Is There Endogenous Long-Run Growth?: Evidence from the U.S. And the U.K.

JOURNAL OF MONEY, CREDIT AND BANKING, Vol. 29, No. 2, May 1997
Posted: 03 Feb 1997
Narayana Kocherlakota and Kei-Mu Yi
University of Minnesota - Twin Cities - Department of Economics and University of Houston - Department of Economics

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Is There Endogenous Long-Run Growth? Evidence from the U.S. And the U.K.

Federal Reserve Bank of New York Staff Report No. 17
Posted: 17 May 2000
Kei-Mu Yi and Narayana Kocherlakota
University of Houston - Department of Economics and University of Minnesota - Twin Cities - Department of Economics

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