International trade and investment.

• Position: Program and Working Group Meetings

The NBER's Program on International Trade and Investment met in Cambridge on March 31 and April 1. Program Director Stephen J. Redding of Princeton University organized the meeting. These researchers' papers were presented and discussed:

* Treb Allen, Dartmouth College and NBER, and Costas Arkolakis, Yale University and NBER, "The Welfare Effects of Transportation Infrastructure Improvements"

* Giulia Brancaccio, Princeton University; Myrto Kalouptsidi, Harvard University and NBER; and Theodore

Papageorgiou, McGill University, "Geography, Search Frictions, and Trade Costs"

* Raymond Owens and Pierre-Daniel Sarte, Federal Reserve Bank of Richmond, and Esteban Rossi-Hansberg,

Princeton University and NBER, "Rethinking Detroit" (NBER Working Paper No. 23146)

* David K. Nagy, CREI (Barcelona), "City Location and Economic Development"

* Cheng Chen, University of Hong Kong, and Claudia Steinwender, Harvard University, "Import Competition, Heterogeneous Preferences of Managers, and Productivity"

* Federica Coelli, Andreas Moxnes, and Karen H...