International Trade and Investment.

• Position: Program and Working Group Meetings

The NBER's Program on International Trade and Investment met at the University of California, San Diego on December 5 and 6. Program Director Robert C. Feenstra of the University of California, Davis chose these papers to discuss:

* Costas Arkolakis, Yale University and NBER, "Market Penetration Costs and Trade Dynamics"

* Costas Arkolakis, and Marc-Andreas Muendler, University of California, San Diego and NBER, "The Extensive Margin of Exporting Goods: A Firm-Level Analysis"

* Pravin Krishna, Johns Hopkins University and NBER, and Mine Z. Senses, Johns Hopkins University, "International Trade and Labor Income Risk in the United States"

* Jeffrey Grogger, University of Chicago and NBER, and Gordon H. Hanson, University of California, San Diego and NBER, "Income Maximization and the Selection and Sorting of International Migrants"

* Dhammika Dharmapala, University of Connecticut; C. Fritz Foley, Harvard University and NBER, and Kristin J. Forbes, MIT and NBER, "The Unintended Consequences of the Homeland Investment Act: Implications for...