International trade and investment.

• Position: Program and Working Group Meetings

The NBER's Program on International Trade and Investment met at Stanford University on November 30 and December 1, 2012. Program Director Robert Feenstra of University of California, Davis, organized the meeting. These papers were discussed:

* Mary Amiti, Federal Reserve Bank of New York; Oleg Itskhoki, Princeton University and NBER; and Jozef Konings, University of Leuven, "Importers, Exporters, and Exchange Rate Disconnect"

* Logan Lewis, Federal Reserve Board of Governors, "Menu Costs, Trade Flows, and Exchange Rate Volatility"

* Donald Davis, Columbia University and NBER, and Jonathan Dingel, Columbia University, "A Spatial Knowledge Economy" (NBER Working Paper No. 18188)

* Olga Timoshenko, George Washington University, "Product Switching in a Model of Learning"

* Ralph Ossa, University of Chicago and NBER, "Why Trade Matters After All" (NBER Working Paper No. 18113)

* Lauren Cohen and Christopher Malloy, Harvard...