Trade Fragmentation
Joint with Justin Pierce
Coverage: centralbanking.com
This FEDS Note finds evidence of "fragmentation" in US-China trade; less so for other countries. Advanced technology products and tariffs each play a role.
Head Start
I take advantage of the many quasi-experimental studies of Head Start's effectiveness to estimate the marginal value of public funds (MVPF), which measures the "bang for the buck" of a government program.